Market cap of BIMI Holdings Inc. [BIMI] reaches 4.87M – now what?

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BIMI Holdings Inc. [NASDAQ: BIMI] jumped around 0.03 points on Wednesday, while shares priced at $0.42 at the close of the session, up 7.42%.

Compared to the average trading volume of 148.68K shares, BIMI reached a trading volume of 8320331 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about BIMI Holdings Inc. [BIMI]?

The Average True Range (ATR) for BIMI Holdings Inc. is set at 0.21 The Price to Book ratio for the last quarter was 0.32, with the Price to Cash per share for the same quarter was set at 0.09.

How has BIMI stock performed recently?

BIMI Holdings Inc. [BIMI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -68.89. With this latest performance, BIMI shares dropped by -67.69% in over the last four-week period, additionally sinking by -85.00% over the last 6 months – not to mention a drop of -87.65% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BIMI stock in for the last two-week period is set at 21.95, with the RSI for the last a single of trading hit 14.02, and the three-weeks RSI is set at 28.35 for BIMI Holdings Inc. [BIMI]. The present Moving Average for the last 50 days of trading for this stock 1.3005, while it was recorded at 0.8972 for the last single week of trading, and 1.8471 for the last 200 days.

BIMI Holdings Inc. [BIMI]: Deeper insight into the fundamentals

BIMI Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.42 and a Current Ratio set at 1.21.

Insider trade positions for BIMI Holdings Inc. [BIMI]

The top three institutional holders of BIMI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in BIMI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in BIMI stock with ownership which is approximately 5.1238%.