The trading price of Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) closed higher on Monday, February 10, and closing at $0.90, 2.86% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.8622 and $0.91. In examining the 52-week price action we see that the stock hit a 52-week high of $2.92 and a 52-week low of $0.63. Over the past month, the stock has lost -25.00% in value.
Wimi Hologram Cloud Inc ADR, whose market valuation is $79.33 million at the time of this writing, is expected to release its quarterly earnings report in March. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest WIMI has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that WIMI’s price is currently -11.35% off the SMA20 and -18.19% off the SMA50. The RSI metric on the 14-day chart is currently showing 43.12, and weekly volatility stands at 6.07%. When measured over the past 30 days, the indicator reaches 13.24%. Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI)’s beta value is currently sitting at 0.78, while the Average True Range indicator is currently displaying 0.18.
To see how Wimi Hologram Cloud Inc ADR stock has been performing in comparison to its peers in the industry, here are the numbers: WIMI stock’s performance was 2.86% in the latest trading, and 12.36% in the past year.
An evaluation of the daily trading volume of Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) indicates that the 3-month average is 8.00 million. However, this figure has increased over the past 10 days to an average of 5.87.
Currently, records show that 88.15 million of the company’s shares remain outstanding. The institutions hold 1.37%. The stats also highlight that short interest as of 2025-01-15, stood at 4.6 million shares, resulting in a short ratio of 0.23 at that time. From this, we can conclude that short interest is 683.00 of the company’s total outstanding shares. It is noteworthy that short shares in January were up slightly from the previous month’s figure, which was 0.28 million. However, since the stock’s price has seen -51.35% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
