MicroVision gained popularity this year due to its status as a meme stock. MVIS stock rose from $0.18 in March 2020 to $21.6 in June 2021. Its currently trading at $7.17 and is down almost 80% from 52-week highs. In Q3 of 2021, MicroVision reported revenue of $718,000 compared to $639,000 in the year-ago period.
Similarly, Why is MVIS trending?
Why MicroVision Stock Rocketed More Than 30% Today
MicroVision is a small-cap stock that makes almost no revenue and generates losses, but due to its relatively high short interest, it has become a meme stock pushed on the Reddit message board wallstreetbets.
Who is investing in MVIS? Top 10 Owners of MicroVision Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| BlackRock Fund Advisors | 5.83% | 44,841,410 |
| The Vanguard Group, Inc. | 5.30% | 40,743,779 |
| SSgA Funds Management, Inc. | 2.46% | 18,882,309 |
| Geode Capital Management LLC | 1.70% | 13,053,290 |
Thereof, Who are MicroVision competitors?
MicroVision’s top competitors include Maradin, Syndiant, Intel, Texas Instruments and Velodyne.
How does MVIS make money?
During the third quarter of 2021, MicroVision recognized revenue of $718,000 which related to royalties from a $10 million prepayment deal with Microsoft (NASDAQ:MSFT) made in 2017. The company earns royalties as its customer produces licensed components.
How many institutions own Mvis?
Institutional Ownership and Shareholders
(US:MVIS) has 294 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 51,199,879 shares.
What is Fintel io?
What is Fintel? Fintel.IO is a platform that provides advanced research tools for investors looking to find an edge on the market through quantitative data analysis. At its very core, Fintel.IO is a stock screener that provides specific information to investors normally used by institutional investors and hedge funds.
How many employees does Mvis have?
Compare MVIS With Other Stocks
| Microvision Annual Number of Employees | |
|---|---|
| 2020 | 52 |
| 2019 | 30 |
| 2018 | 107 |
| 2017 | 113 |
Is MicroVision overvalued?
MicroVision is way overvalued at $15
MicroVision is expected to have revenue of only $4.2M this year and no profits, so the Lidar technology company has a market-capitalization-to-sales ratio of 571… this is sales, not earnings!
What does MicroVision company do?
MicroVision, Inc. is an American company that develops laser scanning technology for projection, 3D sensing, and image capture.
What does MicroVision Inc do?
MicroVision, Inc. is an American company that develops laser scanning technology for projection, 3D sensing, and image capture.
Who owns Fintel ventures?
Wilton Risenhoover – Founder and CEO – Fintel | LinkedIn.
What does it mean when a stock is squeezed?
The term squeeze can be used to describe several situations that involve some sort of market pressure. In finance, the term is used to describe situations wherein short-sellers purchase stock to cover losses or when investors sell long positions to take capital gains off the table.
How often is Fintel updated?
Update Frequency: Intraday every 30 minutes.
What sector is Microvision in?
Key Data
| Label | Value |
|---|---|
| Exchange | NASDAQ-GM |
| Sector | Capital Goods |
| Industry | Industrial Machinery/Components |
| 1 Year Target | $5.00 |
What industry is Microvision?
MicroVision, Inc.
| Type | Public |
|---|---|
| Industry | Optics |
| Founded | 1993 |
| Headquarters | Redmond, Washington , USA |
| Key people | Sumit Sharma, CEO Anubhav Verma, CFO Judy Curran, Director Seval Oz, Director |
How old is MicroVision company?
MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.
Who are MicroVision customers?
Our customers are typically companies that produce scanning engines incorporating our patented PicoP scanning technology. We also engage end product manufacturers and retailers in our target markets to educate them about product opportunities based on our PicoP scanning technology.
When did MicroVision go public?
When did MicroVision, Inc. become a public company? Our common stock began trading publicly on August 27, 1996.
What is MicroVision mean?
Microvision. The Microvision was the very first handheld game console that used interchangeable cartridges. It was released by the Milton Bradley Company in November 1979. The Microvision was designed by Jay Smith, the engineer who would later design the Vectrex gaming console.
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