Additionally, the 36-month beta value for WTO is 0.40.
The public float for WTO is 13.89M and currently, short sellers hold a 1.26% ratio of that float. The average trading volume of WTO on May 08, 2024 was 668.99K shares.
WTO) stock’s latest price update
UTime Ltd (NASDAQ: WTO)’s stock price has soared by 27.26 in relation to previous closing price of 0.26. Nevertheless, the company has seen a gain of 21.62% in its stock price over the last five trading days. InvestorPlace reported 2022-03-21 that We’re checking in on the top penny stocks that investors will want to keep an eye on today in our market update for Monday. The post Top Penny Stocks Today: Why NILE, CEI, CENN, UTME, HUSN and BBIG Are Soaring Today appeared first on InvestorPlace.
WTO’s Market Performance
UTime Ltd (WTO) has experienced a 21.62% rise in stock performance for the past week, with a 9.87% rise in the past month, and a 56.95% rise in the past quarter. The volatility ratio for the week is 13.38%, and the volatility levels for the past 30 days are at 13.54% for WTO. The simple moving average for the past 20 days is 26.57% for WTO’s stock, with a 10.01% simple moving average for the past 200 days.
WTO Trading at 35.52% from the 50-Day Moving Average
After a stumble in the market that brought WTO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.31% of loss for the given period.
Volatility was left at 13.54%, however, over the last 30 days, the volatility rate increased by 13.38%, as shares surge +10.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.77% upper at present.
During the last 5 trading sessions, WTO rose by +21.62%, which changed the moving average for the period of 200-days by -43.07% in comparison to the 20-day moving average, which settled at $0.2619. In addition, UTime Ltd saw 19.85% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WTO
Equity return is now at value -194.08, with -28.41 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
In conclusion, UTime Ltd (WTO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
