|Bid||1.8000 x 47300|
|Ask||1.8100 x 3000|
|Day's Range||1.7000 - 1.8400|
|52 Week Range||0.1500 - 3.4500|
|Beta (5Y Monthly)||3.30|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In Q1, Microvision (NASDAQ: MVIS) posted sales of $1.47 million. Earnings were up 64.15%, but Microvision still reported an overall loss of $5.38 million. Microvision collected $4.61 million in revenue during Q4, but reported earnings showed a $3.28 million loss.What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in Microvision's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed in a business. Generally, a higher ROCE suggests successful growth in a company and is a sign of higher earnings per share for shareholders in the future. In Q1, Microvision posted an ROCE of 0.74%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on MVISROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Microvision is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will lead to higher returns and earnings per share growth.In Microvision's case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.Q1 Earnings Insight Microvision reported Q1 earnings per share that matched analyst predictions of $-0.04/share. The company reports Q2 earnings this afternoon.See more from Benzinga * Stocks That Hit 52-Week Highs On Friday * Morning Market Stats in 5 Minutes * 14 Technology Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
At the close of trading on Wall Street Tuesday, MicroVision shares were up by 27%. On Monday, SeekingAlpha contributor "White Diamond Research" made the case that MicroVision, a stock that has surged from less than $0.20 a share to more than $2.50 a share in just the past four months, is actually worth less than the $0.20 it used to cost. In fact, argued White Diamond, MicroVision's scanning technology is worth "very little," and its stock could be either worth $0.15 a share ... or even be "completely worthless."
MicroVision (MVIS) closed the most recent trading day at $2.02, moving -0.98% from the previous trading session.