The stock of Wimi Hologram Cloud Inc ADR (WIMI) has gone down by -31.37% for the week, with a 27.33% rise in the past month and a 17.57% rise in the past quarter. The volatility ratio for the week is 27.04%, and the volatility levels for the past 30 days are 28.01% for WIMI. The simple moving average for the past 20 days is -16.89% for WIMI’s stock, with a 23.07% simple moving average for the past 200 days.
Is It Worth Investing in Wimi Hologram Cloud Inc ADR (NASDAQ: WIMI) Right Now?
The 36-month beta value for WIMI is at 0.90. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for WIMI is 76.65M, and currently, shorts hold a 4.63% of that float. The average trading volume for WIMI on January 13, 2025 was 6.32M shares.
WIMI) stock’s latest price update
Wimi Hologram Cloud Inc ADR (NASDAQ: WIMI)’s stock price has gone decline by -9.05 in comparison to its previous close of 1.22, however, the company has experienced a -31.37% decrease in its stock price over the last five trading days. prnewswire.com reported 2025-01-07 that BEIJING, Jan. 7, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that the development team, by leveraging the flexibility and programmability of FPGAs, has proposed an innovative solution: an FPGA-based digital quantum coprocessor. This solution aims to overcome the limitations of existing quantum hardware and advance the development of quantum computing technology.
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 7.27% 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 -62.16% of loss for the given period.
Volatility was left at 28.01%, however, over the last 30 days, the volatility rate increased by 27.04%, as shares surge +19.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.36% upper at present.
During the last 5 trading sessions, WIMI fell by -31.62%, which changed the moving average for the period of 200-days by +22.32% in comparison to the 20-day moving average, which settled at $1.3294. In addition, Wimi Hologram Cloud Inc ADR saw -40.27% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WIMI
Current profitability levels for the company are sitting at:
- -0.6 for the present operating margin
- 0.29 for the gross margin
The net margin for Wimi Hologram Cloud Inc ADR stands at -0.88. The total capital return value is set at -0.36. Equity return is now at value -45.22, with -30.10 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 1.87. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -3781.3.
Currently, EBITDA for the company is -509.6 million with net debt to EBITDA at 1.5. When we switch over and look at the enterprise to sales, we see a ratio of 2.28. The receivables turnover for the company is 13.86for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.35.
Conclusion
In conclusion, Wimi Hologram Cloud Inc ADR (WIMI) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
