Wimi Hologram Cloud Inc ADR [NASDAQ: WIMI] gained 24.32% on the last trading session, reaching $1.38 price per share at the time.
If compared to the average trading volume of 6.38M shares, WIMI reached a trading volume of 7908683 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Wimi Hologram Cloud Inc ADR [WIMI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WIMI shares is $7.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WIMI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Wimi Hologram Cloud Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 30, 2020. The new note on the price target was released on July 13, 2020, representing the official price target for Wimi Hologram Cloud Inc ADR stock.
The Average True Range (ATR) for Wimi Hologram Cloud Inc ADR is set at 0.36, with the Price to Sales ratio for WIMI stock in the period of the last 12 months amounting to 1.44. The Price to Book ratio for the last quarter was 1.31, with the Price to Cash per share for the same quarter was set at 1.81. Price to Free Cash Flow for WIMI in the course of the last twelve months was 5.01 with Quick ratio for the last quarter at 2.35.
Trading performance analysis for WIMI stock
Wimi Hologram Cloud Inc ADR [WIMI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.72. With this latest performance, WIMI shares gained by 50.16% in over the last four-week period, additionally plugging by 64.50% over the last 6 months – not to mention a rise of 91.67% 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 WIMI stock in for the last two-week period is set at 51.93, with the RSI for the last a single of trading hit 50.36, and the three-weeks RSI is set at 52.89 for Wimi Hologram Cloud Inc ADR [WIMI]. The present Moving Average for the last 50 days of trading for this stock 1.0402, while it was recorded at 1.3450 for the last single week of trading, and 0.9005 for the last 200 days.
Wimi Hologram Cloud Inc ADR [WIMI]: A deeper dive into fundamental analysis
Wimi Hologram Cloud Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.35 and a Current Ratio set at 2.35.
An analysis of Institutional ownership at Wimi Hologram Cloud Inc ADR [WIMI]
The top three institutional holders of WIMI stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 0.34 million shares, which is approximately 0.3909%. MORGAN STANLEY, holding 66559.0 shares of the stock with an approximate value of $$55970.0 in WIMI stocks shares; and MORGAN STANLEY, currently with $$45325.0 in WIMI stock with ownership which is approximately 0.0618%.
