UTime Ltd (NASDAQ:WTO) traded at $0.38 at close of the session on current trade day and made a downward move of -5.25% on its previous day’s price.
Looking at the stock we see that its previous close was $0.40 and the beta (5Y monthly) reads 0.68 with the day’s price range being $0.3737 – $0.428. In terms of its 52-week price range, WTO has a high of $62.25 and a low of $0.24. The company’s stock has gained about 14.88% over that past 30 days.
UTime Ltd has a market cap of $9.75 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the WTO stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 17.88% off its SMA20 and 8.47% from its 50-day simple moving average. The RSI (14) is pointing at 49.48 while the volatility over the past week is 18.53% and jumps to 16.58% over the past one month. The beta value is 0.62, while the average true range (ATR) is currently pointing at 0.06.
Coming back to UTime Ltd (NASDAQ:WTO), we note that the average 3-month trading volume was 1.08 million, while that of the preceding 10-day period stands at 1.9 million. Current shares outstanding are 392.11 million.
The insiders hold 29.88% of the company’s shares while institutions hold 1.01%. The data shows that short shares as of 2024-12-13, stood at 0.63 million at a short ratio of 0.75. This represents a 246.00 short interest in shares outstanding on 2024-12-13. Shares short rose in December from the previous month at 0.25 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 21.09% up in year-to-date price movement.
