MicroVision (NASDAQ:MVIS) Now Covered by D. Boral Capital

D. Boral Capital initiated coverage on shares of MicroVision (NASDAQ:MVIS) in a research report sent to investors on Monday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $3.00 price target on the electronics maker’s stock.

Several other equities analysts have also issued reports on the company. Westpark Capital lifted their price target on MicroVision from $1.30 to $2.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd. StockNews.com raised MicroVision to a “sell” rating in a research note on Friday, December 20th.

MicroVision Trading Up 0.7 %

NASDAQ MVIS opened at $1.52 on Monday. MicroVision has a 1 year low of $0.80 and a 1 year high of $2.70. The firm has a market capitalization of $332.91 million, a price-to-earnings ratio of -3.71 and a beta of 2.87. The firm’s 50 day simple moving average is $1.25 and its 200 day simple moving average is $1.11.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MVIS. SG Americas Securities LLC grew its position in MicroVision by 38.4% during the 3rd quarter. SG Americas Securities LLC now owns 104,005 shares of the electronics maker’s stock worth $119,000 after acquiring an additional 28,846 shares during the last quarter. Aaron Wealth Advisors LLC acquired a new stake in shares of MicroVision during the third quarter valued at about $31,000. Allspring Global Investments Holdings LLC bought a new stake in shares of MicroVision during the third quarter worth about $40,000. United Asset Strategies Inc. acquired a new position in shares of MicroVision in the third quarter valued at approximately $46,000. Finally, BSW Wealth Partners raised its holdings in MicroVision by 33.3% in the 3rd quarter. BSW Wealth Partners now owns 400,000 shares of the electronics maker’s stock valued at $456,000 after buying an additional 100,000 shares during the last quarter. 30.90% of the stock is currently owned by institutional investors and hedge funds.

About MicroVision

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.