Wimi Hologram Cloud Inc ADR (WIMI): Honey Is Worth The Money

Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) concluded the trading at $1.07 on Wednesday, December 18, with a rise of 21.56% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $0.88 and 5Y monthly beta was reading 1.272 with its price kept floating in the range of $0.96 and $1.18 on the day. Considering stock’s 52-week price range provides that WIMI hit a high price of $1.87 and saw its price falling to a low level of $0.61 during that period. Over a period of past 1-month, stock came adding 38.96% in its value.

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In contrast, when we review WIMI stock’s current outlook then short term indicators are assigning it an average of 25% Sell, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 50% Buy for it.

Digging deeper we become aware of the PEG ratio of the WIMI stock which is currently positioned at 0. It further provides that stock’s current price level is 27.33% away from its 20-day simple moving average and is 24.80% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 69.15 while volatility remained at 15.79% over the past week which changes to 9.24% when measuring it over the past month. Beta is valued at 1.24, while measure of average true range or ATR is currently at 0.09.

Having a second look at Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) provides that stock’s average daily trading volume for 3 months was 564.79K, while it jumped to 1776440 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 88.15 million.

The figures also indicate that as of 2024-11-29, number of stock’s short shares was 0.69 million which implies a short ratio of 3.35. This shows down a 103.00 of Short Interest in company’s outstanding shares on the day. In November the standing of shares short improved as it was 0.79 million in the previous month. Addition of 32.10% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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