UTime Ltd (NASDAQ: WTO) is 696.36% higher on its value in year-to-date trading and has touched a low of $0.13 and a high of $1.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WTO stock was last observed hovering at around $1.80 in the last trading session, with the day’s gains setting it 0.39%.
Currently trading at $2.19, the stock is 65.38% and 121.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.59 million and changing 21.67% at the moment leaves the stock 384.77% off its SMA200. WTO registered 365.96% gain for a year compared to 6-month gain of 660.95%.
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The stock witnessed a 132.98% loss in the last 1 month and extending the period to 3 months gives it a 434.80%, and is 36.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.71% over the week and 18.25% over the month.
UTime Ltd (WTO) has around 172 employees, a market worth around $987.54M and $24.00M in sales. Profit margin for the company is -35.25%. Distance from 52-week low is 1621.70% and 21.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.18%).
The shares outstanding are 392.11M, and float is at 342.81M with Short Float at 0.04%.
