Movella Holdings Inc. (MVLA)

Market Cap	1.07M
Revenue (ttm)	39.91M
Net Income (ttm)	-6.20M
Shares Out	50.91M
EPS (ttm)	-0.11
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	49,882
Open	0.0026
Previous Close	0.0165
Day's Range	0.0026 - 0.0400
52-Week Range	0.0001 - 3.1000
Beta	0.27
Analysts	Strong Buy
Price Target	2.45 (+11,566.67%)
Earnings Date	May 8, 2024

About MVLA

Movella Holdings Inc. operates as a full-stack provider of sensors, software, and analytics that enable the digitization of movement in the United States. Its real-time character movement in digital environments transforms movement into digital data that provides actionable insights. The company offers Xsens 3D Body Motion Systems comprises wearable sensor systems and motion capture solutions, including MVN Animate or MVN Analyze software, a full-body wearable sensor system, which captures the motion of the human body. It also provides Xsens se...

• Industry: Software - Application
• Sector: Technology
• Founded: 2009
• Employees: 241
• Stock Exchange: OTCMKTS
• Ticker Symbol: MVLA

Financial Performance

In 2022, MVLA's revenue was $40.47 million, an increase of 17.59% compared to the previous year's $34.41 million. Losses were -$33.05 million, 75.8% more than in 2021.

Analyst Forecast

According to 2 analysts, the average rating for MVLA stock is "Strong Buy." The 12-month stock price forecast is $2.45, which is an increase of 11,566.67% from the latest price.

Price Target

$2.45

(11,566.67% upside)

Analyst Consensus: Strong Buy