The stock of UTime Ltd (WTO) has gone down by -11.52% for the week, with a -67.78% drop in the past month and a -98.38% drop in the past quarter. The volatility ratio for the week is 7.10%, and the volatility levels for the past 30 days are 16.89% for WTO. The simple moving average for the last 20 days is -26.59% for WTO’s stock, with a simple moving average of -96.66% for the last 200 days.
Is It Worth Investing in UTime Ltd (NASDAQ: WTO) Right Now?
WTO has 36-month beta value of 0.69.
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The public float for WTO is 25.48M, and currently, short sellers hold a 0.39% ratio of that float. The average trading volume of WTO on October 08, 2024 was 2.83M shares.
WTO) stock’s latest price update
The stock price of UTime Ltd (NASDAQ: WTO) has dropped by -5.45 compared to previous close of 0.41. Despite this, the company has seen a fall of -11.52% 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 -97.69% 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 -99.38% of loss for the given period.
Volatility was left at 16.89%, however, over the last 30 days, the volatility rate increased by 7.10%, as shares sank -61.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -98.57% lower at present.
During the last 5 trading sessions, WTO fell by -10.59%, which changed the moving average for the period of 200-days by -92.62% in comparison to the 20-day moving average, which settled at $0.5225. In addition, UTime Ltd saw -94.42% 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 0.35. 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
To put it simply, UTime Ltd (WTO) has had a bad performance in recent times. Analysts have a mixed 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.
