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How Is Wimi Hologram Cloud Inc ADR (NASDAQ: WIMI) Doing?

Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) price closed higher on Monday, February 12, jumping 11.18% above its previous close.

A look at the daily price movement shows that the last close reads $0.98. The company’s 5Y monthly beta was ticking 1.09. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.40 and 52-week low of $0.56. The stock added 51.39% on its value in the past month.

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Staying with the analyst view, there is a consensus estimate of $154 million for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 31.20% above that which the company brought in 2021.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give WIMI a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.

The overview shows that WIMI’s price is at present 54.26% off the SMA20 and 48.98% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 72.20, with weekly volatility standing at 30.05%. The indicator jumps to 12.15% when calculated based on the past 30 days. Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI)’s beta value is holding at 1.21, while the average true range (ATR) indicator is currently reading 0.12.

Turning out attention to how the Wimi Hologram Cloud Inc ADR stock has performed in comparison to its peers in the industry, here’s what we find: WIMI’s stock is 11.18% on the day and -24.31% in the past 12 months, while Apple Inc. (AAPL) traded -0.90%% in the last session and was positioned 21.64% up on its price 12 months ago. Turning out attention to how the Wimi Hologram Cloud Inc ADR stock has performed in comparison to its peers in the industry, here’s what we find: WIMI’s stock is 11.18% on the day and -24.31% in the past 12 months, while Apple Inc. (AAPL) traded -0.90%% in the last session and was positioned 21.64% up on its price 12 months ago. Another comparison is with Microsoft Corp. (MSFT) whose stock price was down -1.26%% in the last trading session, and has flourished 53.05% over the past year. Also, Alphabet Inc. Cl A (GOOGL) showed down trend of -0.99%% while its price kept floating at 55.93% over the past year.

An analysis of the Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) stock in terms of its daily trading volume indicates that the 3-month average is 3.36. However, this figure increases on the past 10-day timeline to an average of 4.06 million.

Current records show that the company has 76.65M in outstanding shares. The percentage share held by institutions stands at 1.29%. The stats also highlight that short interest as of Jan 31, 2024, stood at 0.49 million shares, which puts the short ratio at the time at 3.27. From this we can glean that short interest is 0.57% of company’s current outstanding shares. Notably, we see that shares short in January fall slightly given the previous month’s figure stood at 0.94 million. But the 34.57% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.