Microvision (MVIS) Jumps: Stock Soars 18.1% – Tale of the Tape

March 25, 2014 Technicals 0

Zacks

Microvision Inc. (MVIS) was a big mover last session with its shares rising just over 18% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.95 to $2.33 in the past one-month time frame.

This developer of proprietary PicoP display technology has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Microvision currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the broader Technology sector may consider stocks like Nidec Corp. (NJ), Cutera, Inc. (CUTR) and KEMET Corp. (KEM). While NJ sports a Zacks Rank #1 (Strong Buy), CUTR and KEM bear a Zacks Rank #2 (Buy).

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