Wimi Hologram Cloud Inc ADR (NASDAQ: WIMI) is -51.89% lower on its value in year-to-date trading and has touched a low of $0.61 and a high of $2.92 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 WIMI stock was last observed hovering at around $0.94 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $0.89, the stock is -18.58% and -18.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing -4.85% at the moment leaves the stock -3.08% off its SMA200. WIMI registered 42.79% gain for a year compared to 6-month gain of 23.32%. The firm has a 50-day simple moving average (SMA 50) of $1.09332 and a 200-day simple moving average (SMA200) of $0.91746.
The stock witnessed a -44.72% loss in the last 1 month and extending the period to 3 months gives it a 3.49%, and is -5.80% 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 8.57% over the week and 17.26% over the month.
Wimi Hologram Cloud Inc ADR (WIMI) has around 107 employees, a market worth around $78.45M and $84.60M in sales. Profit margin for the company is -67.17%. Distance from 52-week low is 47.11% and -69.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-53.60%).
The shares outstanding are 88.15M, and float is at 76.65M with Short Float at 6.00%.
The top institutional shareholder in the company is RENAISSANCE TECHNOLOGIES LLC with over 0.34 million shares valued at $0.29 million. The investor’s holdings represent 0.3909 of the WIMI Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 66559.0 shares valued at $55970.0 to account for 0.0763 of the shares outstanding. The other top investors are XTX TOPCO LTD which holds 53901.0 shares representing 0.0618 and valued at over $45325.0, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.0506 of the shares totaling 44100.0 with a market value of $37044.0.
