MicroCloud Hologram Inc (NASDAQ:HOLO) price on Thursday, May 09,fall -8.76% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.77.
A look at the stock’s price movement, the close in the last trading session was $1.94. Turning to its 52-week performance, $113.00 and $1.50 were the 52-week high and 52-week low respectively. Overall, HOLO moved -42.35% over the past month.
MicroCloud Hologram Inc’s market cap currently stands at around $10.51 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HOLO is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
HOLO’s current price about -28.40% and -57.78% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.47, while 7-day volatility ratio is 12.82% and 15.31% in the 30-day chart. Further, MicroCloud Hologram Inc (HOLO) has a beta value of 4.90, and an average true range (ATR) of 0.69.
If we refocus on MicroCloud Hologram Inc (NASDAQ:HOLO), historical trading data shows that trading volumes averaged 7.88 million over the past 3 months. The company’s latest data on shares outstanding shows there are 5.94 million shares.
The 69.53% of MicroCloud Hologram Inc’s shares are in the hands of company insiders while institutional holders own 1.02% of the company’s shares. Current price change has pushed the stock -50.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HOLO stock continues to rise going into the next quarter.