UTime Ltd (WTO) down -93.14% since start of the year

UTime Ltd (NASDAQ: WTO) is -93.14% lower on its value in year-to-date trading and has touched a low of $0.46 and a high of $62.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WTO stock was last observed hovering at around $0.49 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $0.47, the stock is -53.75% and -97.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing -3.30% at the moment leaves the stock -95.97% off its SMA200. WTO registered -93.83% loss for a year compared to 6-month loss of -91.58%. The firm has a 50-day simple moving average (SMA 50) of $19.84786 and a 200-day simple moving average (SMA200) of $11.67159.

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The stock witnessed a -77.81% gain in the last 1 month and extending the period to 3 months gives it a -97.23%, and is -17.57% down 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 11.08% over the week and 27.17% over the month.

UTime Ltd (WTO) has around 172 employees, a market worth around $12.13M and $24.00M in sales. Profit margin for the company is -35.25%. Distance from 52-week low is 2.06% and -99.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.18%).