MicroVision (NASDAQ:MVIS) Receives “Buy” Rating from D. Boral Capital

MicroVision (NASDAQ:MVIS)‘s stock had its “buy” rating reiterated by stock analysts at D. Boral Capital in a research report issued on Tuesday,Benzinga reports. They currently have a $3.00 price target on the electronics maker’s stock. D. Boral Capital’s target price would suggest a potential upside of 85.19% from the company’s previous close.

Several other analysts have also issued reports on the stock. Westpark Capital restated a “buy” rating and issued a $2.00 price objective on shares of MicroVision in a report on Tuesday. StockNews.com upgraded shares of MicroVision to a “sell” rating in a report on Monday, March 10th.

MicroVision Stock Performance

MVIS stock opened at $1.62 on Tuesday. MicroVision has a one year low of $0.80 and a one year high of $1.95. The firm has a market cap of $354.81 million, a PE ratio of -3.95 and a beta of 2.63. The firm’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.20.

Institutional Trading of MicroVision

A number of large investors have recently made changes to their positions in the company. Caitlin John LLC purchased a new position in MicroVision in the fourth quarter valued at $26,000. Cibc World Markets Corp acquired a new position in MicroVision in the fourth quarter valued at approximately $26,000. Tower Research Capital LLC TRC increased its stake in MicroVision by 226.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 22,852 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 15,861 shares during the last quarter. Warwick Investment Management Inc. acquired a new stake in MicroVision during the fourth quarter worth approximately $37,000. Finally, Synergy Asset Management LLC lifted its position in shares of MicroVision by 140.4% during the 4th quarter. Synergy Asset Management LLC now owns 30,252 shares of the electronics maker’s stock worth $38,000 after buying an additional 17,669 shares during the last quarter. 30.90% of the stock is currently owned by hedge funds and other institutional investors.

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.