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

Research analysts at D. Boral Capital began coverage on shares of MicroVision (NASDAQ:MVIS) in a research note issued to investors on Monday, MarketBeat reports. The firm set a “buy” rating and a $3.00 price target on the electronics maker’s stock. D. Boral Capital’s price target would indicate a potential upside of 112.77% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Westpark Capital raised their price target on MicroVision from $1.30 to $2.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. StockNews.com upgraded shares of MicroVision to a “sell” rating in a research note on Friday, December 20th.

MicroVision Trading Down 7.2 %

Shares of MVIS opened at $1.41 on Monday. The firm has a market cap of $308.82 million, a PE ratio of -3.44 and a beta of 2.87. MicroVision has a 12 month low of $0.80 and a 12 month high of $2.70. The stock has a fifty day moving average price of $1.27 and a 200-day moving average price of $1.11.

Institutional Trading of MicroVision

Several large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its holdings in shares of MicroVision by 38.4% during the third quarter. SG Americas Securities LLC now owns 104,005 shares of the electronics maker’s stock worth $119,000 after purchasing an additional 28,846 shares during the period. Aaron Wealth Advisors LLC acquired a new stake in MicroVision during the 3rd quarter valued at approximately $31,000. Allspring Global Investments Holdings LLC acquired a new stake in MicroVision during the 3rd quarter valued at approximately $40,000. United Asset Strategies Inc. purchased a new stake in shares of MicroVision in the 3rd quarter valued at $46,000. Finally, BSW Wealth Partners increased its stake in shares of MicroVision by 33.3% in the third quarter. BSW Wealth Partners now owns 400,000 shares of the electronics maker’s stock worth $456,000 after acquiring an additional 100,000 shares during the period. Hedge funds and other institutional investors 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.