Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) traded at $1.76 at last check on Monday, March 18, made an upward move of 1.74% on its previous day’s price.
Looking at the stock we see that its previous close was $1.73 and the beta (5Y monthly) reads 1.35. In terms of its 52-week price range, WIMI has a high of $1.87 and a low of $0.56. The company’s stock has gained about 108.27% over that past 30 days.
Wimi Hologram Cloud Inc ADR has a market cap of $134.91 million.
According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2021 is expected to hit $154 million, or 31.20% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the WIMI stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note the current price level is 51.57% off its SMA20 and 92.04% from its 50-day simple moving average. The RSI (14) is pointing at 77.28 while the volatility over the past week is 17.40% and jumps to 15.89% over the past one month. The beta value is 1.30, while the average true range (ATR) is currently pointing at 0.17.
Coming back to Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI), we note that the average 3-month trading volume was 2.80 million, while that of the preceding 10-day period stands at 8.62 million. Current shares outstanding are 76.65 million.
The institutions hold 1.14%. The data shows that short shares as of Feb 29, 2024, stood at 1.62 million at a short ratio of 0.48. This represents a 1.87% short interest in shares outstanding on Feb 29, 2024. Shares short rose in February from the previous month at 0.49 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 117.30% up in year-to-date price movement.
