WiMi Hologram Cloud Inc. (NASDAQ:WIMI) went up by 12.93% from its latest closing price compared to the recent 1-year high of $3.35. The company’s stock price has collected 23.58% of gains in the last five trading sessions.
Is It Worth Investing in WiMi Hologram Cloud Inc. (NASDAQ :WIMI) Right Now?
Opinions of the stock are interesting as 1 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,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $7.00, which is $5.69 above the current price. WIMI currently public float of 76.65M and currently shorts hold a 1.62% ratio of that float. Today, the average trading volume of WIMI was 953.56K shares.
WIMI’s Market Performance
WIMI stocks went up by 23.58% for the week, with a monthly jump of 53.04% and a quarterly performance of 12.93%, while its annual performance rate touched -56.33%. The volatility ratio for the week stands at 15.16% while the volatility levels for the past 30 days are set at 12.31% for WiMi Hologram Cloud Inc. The simple moving average for the period of the last 20 days is 41.94% for WIMI stocks with a simple moving average of -17.38% for the last 200 days.
Analysts’ Opinion of WIMI
Many brokerage firms have already submitted their reports for WIMI stocks, with The Benchmark Company repeating the rating for WIMI by listing it as a “Buy.” The predicted price for WIMI in the upcoming period, according to The Benchmark Company is $8 based on the research report published on December 30th of the previous year 2020.
WIMI Trading at 54.23% 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 -60.90% of loss for the given period.
Volatility was left at 12.31%, however, over the last 30 days, the volatility rate increased by 15.16%, as shares surge +58.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.38% upper at present.
During the last 5 trading sessions, WIMI rose by +23.58%, which changed the moving average for the period of 200-days by -54.98% in comparison to the 20-day moving average, which settled at $0.9469. In addition, WiMi Hologram Cloud Inc. saw 77.05% 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:
- -13.81 for the present operating margin
- +26.73 for the gross margin
The net margin for WiMi Hologram Cloud Inc. stands at -25.27.
The liquidity ratio also appears to be rather interesting for investors as it stands at 9.89.