In last trading session, WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw 1,773,260 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $5.96 trading at -$0.18 or -2.93% at ring of the bell on the day assigns it a market valuation of $398.04 Million. That closing price of WIMI’s stock is at a discount of -394.97% from its 52-week high price of $29.5 and is indicating a premium of 46.31% from its 52-week low price of $3.2. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.08 Million shares which gives us an average trading volume of 3.34 Million if we extend that period to 3-months.
For WiMi Hologram Cloud Inc. (WIMI), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) trade information
In the face of being in the red today for losing -2.93%, in the last five days WIMI remained trading in the green while hitting it’s week-highest on Monday, Oct 12 when the stock touched $8.20-2 price level, adding 27.31% to its value on the day. WiMi Hologram Cloud Inc.’s shares saw a change of 8.36% in year-to-date performance and have moved 15.95% in past 5-day. WiMi Hologram Cloud Inc. (NASDAQ:WIMI) showed a performance of -11.83% in past 30-days. Number of shares sold short was 281.24 Million shares which calculate 84.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $8 to the stock, which implies a rise of 34.23% to its current value. Analysts have been projecting $8 as a low price target for the stock while placing it at a high target of $8. It follows that stock’s current price would jump +34.23% in reaching the projected high whereas dropping to the targeted low would mean a loss of 34.23% for stock’s current value.
WiMi Hologram Cloud Inc. (WIMI) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 14.6% while estimates for its earnings growth in next 5 years are of 0%
WiMi Hologram Cloud Inc. (NASDAQ:WIMI)’s Major holders
The second largest institutional holder is Renaissance Technologies, LLC, which was holding about 12.8 Thousand shares on June 29, 2020. The number of shares represents firm’s hold over 0.23% of outstanding shares, having a total worth of $44.16 Thousand.