Dallas, Texas 03/04/2014 (FINANCIALSTRENDS) – Microvision, Inc.(NASDAQ:MVIS) is one of the established Leader in new generation display technology and also development of intellectual assets. The company has confirmed that its patented PicoP display technology will be adopted by Sony Corporation, a Fortune Global 100 consumer’s electronics company. Since April 2013, Microvision, Inc.(NASDAQ:MVIS) has been supporting the Fortune Global 100 in its development of this high definition (HD) display engine to bring out high resolution images via compact devices . Also, as per recent market analysis, this evolving technology is all set to make a huge impact in the world projector market with a significant growth in the coming years.
Microvision, Inc.(NASDAQ:MVIS) Current Market Trend and Rating
There has been a significant rise in the company’s shares and trading volumes after Sony announced incorporation of Microvision, Inc PicoP® technology. From the current financial outcome, there has been improvement in earnings per/share , operating cash flow and also the share earnings has increased compared to last year which is considered as one of the positive aspects.
Though there has been a positive development Microvision, Inc’s rating is currently tagged as “Sale” due to some negative sides. Compared to previous year the share price has come down significantly and also the share average is comparatively less with other players in the Industry. Also, according to the latest analysis, there are some issues with Pico projection technology. The technology comes with a significantly high cost along with display and viewing experience issues.
Microvision, Inc. (NASDAQ:MVIS) 2013 outcomes and Focus areas for 2014.
Microvision, Inc has scheduled a call on March 6, 2014 to discuss the operational and financial results during 2103 and also their plans for 2014 and major focus areas in terms of business and technology growth.