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

D. Boral Capital began coverage on shares of MicroVision (NASDAQ:MVIS) in a report published on Monday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $3.00 price objective on the electronics maker’s stock.

Several other research analysts have also recently weighed in on MVIS. Westpark Capital increased their price target on shares of MicroVision from $1.30 to $2.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. StockNews.com upgraded MicroVision to a “sell” rating in a research note on Friday, December 20th.

MicroVision Price Performance

NASDAQ:MVIS opened at $1.52 on Monday. The company has a market cap of $332.91 million, a P/E ratio of -3.71 and a beta of 2.87. The firm’s fifty day moving average price is $1.25 and its two-hundred day moving average price is $1.11. MicroVision has a one year low of $0.80 and a one year high of $2.70.

Institutional Trading of MicroVision

Several hedge funds and other institutional investors have recently bought and sold shares of MVIS. Caitlin John LLC acquired a new position in shares of MicroVision during the 4th quarter worth approximately $26,000. Cibc World Markets Corp acquired a new stake in MicroVision during the fourth quarter worth approximately $26,000. Aaron Wealth Advisors LLC acquired a new stake in MicroVision during the third quarter worth approximately $31,000. Warwick Investment Management Inc. bought a new position in MicroVision during the 4th quarter worth $37,000. Finally, Synergy Asset Management LLC raised its holdings in MicroVision by 140.4% in the 4th quarter. Synergy Asset Management LLC now owns 30,252 shares of the electronics maker’s stock valued at $38,000 after acquiring an additional 17,669 shares in the last quarter. Institutional investors and hedge funds own 30.90% of the company’s stock.

MicroVision Company Profile

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.