Wimi Hologram Cloud Inc [NASDAQ: WIMI] plunged by -$0.02 during the normal trading session on Friday and reaching a high of $4.11 during the day while it closed the day at $4.03.
Wimi Hologram Cloud Inc stock has also gained 3.33% of its value over the past 7 days. However, WIMI stock has inclined by 15.14% in the 3 months of the year. Over the past six months meanwhile, it has lost -48.33% and lost -48.67% year-on date.
The market cap for WIMI stock reached $39.57 million, with 10.00 million shares outstanding and 6.73 million shares in the current float. Compared to the average trading volume of 370.85K shares, WIMI reached a trading volume of 163628 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Wimi Hologram Cloud Inc [WIMI]:
The Benchmark Company have made an estimate for Wimi Hologram Cloud Inc 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 stock.
The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 26.76. Price to Free Cash Flow for WIMI in the course of the last twelve months was 0.53 with Quick ratio for the last quarter at 2.71.
WIMI stock trade performance evaluation
Wimi Hologram Cloud Inc [WIMI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.33. With this latest performance, WIMI shares gained by 20.30% in over the last four-week period, additionally sinking by -48.33% over the last 6 months – not to mention a drop of -78.22% 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 57.97, with the RSI for the last a single of trading hit 0.26, and the three-weeks RSI is set at 0.31 for Wimi Hologram Cloud Inc [WIMI]. The present Moving Average for the last 50 days of trading for this stock 3.51, while it was recorded at 3.93 for the last single week of trading, and 11.35 for the last 200 days.
Wimi Hologram Cloud Inc [WIMI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Wimi Hologram Cloud Inc [WIMI] shares currently have an operating margin of 1.81% and a Gross Margin at 28.41%. Wimi Hologram Cloud Inc’s Net Margin is presently recorded at 13.25%.
Wimi Hologram Cloud Inc (WIMI) Capital Structure & Debt Analysis
According to recent financial data for Wimi Hologram Cloud Inc. ( WIMI), the Return on Equity (ROE) stands at 8.21%, suggesting modest shareholder returns. The Return on Assets (ROA) is 4.53%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Wimi Hologram Cloud Inc’s Return on Invested Capital (ROIC) is 7.12%, showcasing its effectiveness in deploying capital for earnings.
Wimi Hologram Cloud Inc (WIMI) Efficiency & Liquidity Metrics
Based on Wimi Hologram Cloud Inc’s (WIMI) latest financial statements, the Debt-to-Equity Ratio is 0.15%, indicating its reliance on debt financing relative to shareholder equity.
Wimi Hologram Cloud Inc (WIMI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Wimi Hologram Cloud Inc. (WIMI) effectively leverages its workforce, generating an average of $93177.57 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.71% and a Quick Ratio of 2.71%, indicating strong ability to cover short-term liabilities.
Wimi Hologram Cloud Inc [WIMI]: Institutional Ownership
There are presently around $6.02%, or 7.88%% of WIMI stock, in the hands of institutional investors. 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%.
