WiMi Hologram Cloud Inc. (NASDAQ:WIMI) went down by -6.47% from its latest closing price compared to the recent 1-year high of $29.50. The company’s stock price has collected -3.96% of loss in the last five trading sessions. Press Release reported on 11/25/20 that Correct WiMi announced that the Hologram product ” WiMi Hologram Soft Light ” has been approved by the FCC to enter the US market
Is It Worth Investing in WiMi Hologram Cloud Inc. (NASDAQ :WIMI) Right Now?
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) scored a price-to-earnings ratio above its average ratio, recording 22.73 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for WiMi Hologram Cloud Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $8.00, which is $1.93 above the current price. WIMI currently public float of 12.48M and currently shorts hold a 1.67% ratio of that float. Today, the average trading volume of WIMI was 2.52M shares.
WIMI’s Market Performance
WIMI stocks went down by -3.96% for the week, with a monthly jump of 7.82% and a quarterly performance of -11.39%. The volatility ratio for the week stands at 9.72% while the volatility levels for the past 30 days are set at 7.13% for WiMi Hologram Cloud Inc.. The simple moving average for the period of the last 20 days is 0.64% for WIMI stocks with a simple moving average of -2.24% for the last 200 days.
WIMI Trading at 3.68% from the 50-Day Moving Average
After a stumble in the market that brought WIMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.42% of loss for the given period.
Volatility was left at 7.13%, however, over the last 30 days, the volatility rate increased by 9.72%, as shares surge +8.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.33% lower at present.
During the last 5 trading sessions, WIMI fell by -3.96%, in comparison to the 20-day moving average, which settled at $6.05. In addition, WiMi Hologram Cloud Inc. saw 10.36% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WIMI
Current profitability levels for the company are sitting at:
- +35.62 for the present operating margin
- +54.21 for the gross margin
The net margin for WiMi Hologram Cloud Inc. stands at +32.02. The total capital return value is set at 21.32, while invested capital returns managed to touch 20.52.
Based on WiMi Hologram Cloud Inc. (WIMI), the company’s capital structure generated 20.59 points at debt to equity in total, while total debt to capital is 17.07. Total debt to assets is 15.44, with long-term debt to equity ratio resting at 3.79. Finally, the long-term debt to capital ratio is 3.15.
The receivables turnover for the company is 7.70 and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.