Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) concluded the trading at $0.89 on Thursday, March 21 with a rise of 0.48% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.89 and 5Y monthly beta was reading 1.35. 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 $0.56 during that period. Over a period of past 1-month, stock came subtracting -29.58% in its value.
With its current market valuation of $68.55 million, Wimi Hologram Cloud Inc ADR is set to declare its quarterly results on Sep 22, 2021. Analysts are in estimates of $0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $0 for 2021 with estimates of that growing to $0 in next year.
In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $154 million in 2021, which will be 31.20% more from revenue generated by the company last year.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review WIMI stock’s current outlook then short term indicators are assigning it an average of 50% Buy, 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 -21.54% away from its 20-day simple moving average and is -3.57% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 44.43 while volatility remained at 31.13% over the past week which changes to 16.23% when measuring it over the past month. Beta is valued at 1.32, while measure of average true range or ATR is currently at 0.20.
Having a second look at Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) provides that stock’s average daily trading volume for 3 months was 3.25 million, while it jumped to 11.8 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 76.65 million.
The figures also indicate that as of Feb 29, 2024, number of stock’s short shares was 1.62 million which implies a short ratio of 0.48. This shows up a 1.87% of Short Interest in company’s outstanding shares on the day. In February the standing of shares short improved as it was 0.49 million in the previous month. Addition of 10.41% 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.
