WIMI has 36-month beta value of 1.24. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for WIMI is 76.65M, and currently, short sellers hold a 0.91% ratio of that float. The average trading volume of WIMI on October 02, 2024 was 299.20K shares.
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WIMI) stock’s latest price update
Wimi Hologram Cloud Inc ADR (NASDAQ: WIMI)’s stock price has dropped by -11.44 in relation to previous closing price of 1.03. Nevertheless, the company has seen a gain of 6.07% in its stock price over the last five trading days. prnewswire.com reported 2024-09-26 that BEIJING , Sept. 26, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the release of “WiMi HoloAR lens”, an augmented reality (AR) headset for the consumer market, to further strengthen the hardware and software development of the underlying holographic technology and to expand the user experience of holographic AR technology in the wearable field.
WIMI’s Market Performance
WIMI’s stock has risen by 6.07% in the past week, with a monthly rise of 15.95% and a quarterly rise of 6.76%. The volatility ratio for the week is 7.77% while the volatility levels for the last 30 days are 6.52% for Wimi Hologram Cloud Inc ADR The simple moving average for the past 20 days is 11.04% for WIMI’s stock, with a 6.27% simple moving average for the past 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 30, 2020 of the previous year 2020.
WIMI Trading at 13.49% 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 -51.22% of loss for the given period.
Volatility was left at 6.52%, however, over the last 30 days, the volatility rate increased by 7.77%, as shares surge +22.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.31% upper at present.
During the last 5 trading sessions, WIMI rose by +6.07%, which changed the moving average for the period of 200-days by +27.63% in comparison to the 20-day moving average, which settled at $0.8299. In addition, Wimi Hologram Cloud Inc ADR saw 12.62% 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:
- -0.52 for the present operating margin
- 0.29 for the gross margin
The net margin for Wimi Hologram Cloud Inc ADR stands at -1.1. The total capital return value is set at -0.16. Equity return is now at value -45.22, with -35.64 for asset returns.
Based on Wimi Hologram Cloud Inc ADR (WIMI), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 1.17. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -843.64.
Currently, EBITDA for the company is -206.22 million with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The receivables turnover for the company is 7.1for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.67.
Conclusion
To put it simply, Wimi Hologram Cloud Inc ADR (WIMI) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
