The stock of UTime Ltd (WTO) has seen a -17.45% decrease in the past week, with a -99.07% drop in the past month, and a -97.27% decrease in the past quarter. The volatility ratio for the week is 16.34%, and the volatility levels for the past 30 days are at 237.14% for WTO. The simple moving average for the past 20 days is -94.48% for WTO’s stock, with a -95.70% simple moving average for the past 200 days.
Is It Worth Investing in UTime Ltd (NASDAQ: WTO) Right Now?
The 36-month beta value for WTO is also noteworthy at 0.76.
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The public float for WTO is 25.48M, and at present, short sellers hold a 1.33% of that float. The average trading volume of WTO on September 24, 2024 was 2.55M shares.
WTO) stock’s latest price update
The stock of UTime Ltd (NASDAQ: WTO) has decreased by -11.24 when compared to last closing price of 0.57.Despite this, the company has seen a loss of -17.45% in its stock price over the last five trading days. globenewswire.com reported 2024-09-13 that NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) — UTime Limited (“UTime” or the “Company”) (Nasdaq: WTO), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets today announced that it has entered into a securities purchase agreement with certain accredited investor to sell $5 million of its ordinary shares in a registered direct offering.
WTO Trading at -97.72% 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 -99.18% of loss for the given period.
Volatility was left at 237.14%, however, over the last 30 days, the volatility rate increased by 16.34%, as shares sank -99.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -98.12% lower at present.
During the last 5 trading sessions, WTO fell by -17.45%, which changed the moving average for the period of 200-days by -91.54% in comparison to the 20-day moving average, which settled at $6.4648. In addition, UTime Ltd saw -92.62% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WTO
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.05 for the gross margin
The net margin for UTime Ltd stands at -0.19. The total capital return value is set at -0.09. Equity return is now at value -15.67, with -6.63 for asset returns.
Based on UTime Ltd (WTO), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -5.61.
Currently, EBITDA for the company is -28.28 million with net debt to EBITDA at 0.32. When we switch over and look at the enterprise to sales, we see a ratio of 0.48. The receivables turnover for the company is 5.59for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.
Conclusion
In summary, UTime Ltd (WTO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
