In the last trading session, 4,943,368 shares of the WiMi Hologram Cloud Inc.(NASDAQ:WIMI) were traded, and its beta was 0. Most recently the company’s share price was $10.9, and it changed around $0.15 or 0.01% from the last close, which brings the market valuation of the company to $727.95 Million. WIMI currently trades at a discount to its 52-week high of $29.5, offering almost -170.64% off that amount. The share price’s 52-week low was $3.2, which indicates that the current value has risen by an impressive 70.64% since then. We note from WiMi Hologram Cloud Inc.’s average daily trading volume that its 10-day average is 5.8 Million shares, with the 3-month average coming to 4.13 Million.
WiMi Hologram Cloud Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2.5. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended WIMI as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. WiMi Hologram Cloud Inc. is expected to report earnings per share of $0 for the current quarter.
WiMi Hologram Cloud Inc. (NASDAQ:WIMI): Trading Information
Instantly WIMI has showed a green trend with a performance of 1.4% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $12.94 on Tuesday, Feb 16 increased the stock’s daily price by 15.76%. The company’s shares are currently up 0.89% year-to-date, but still down -0.0064 over the last five days. On the other hand, WiMi Hologram Cloud Inc. (NASDAQ:WIMI) is 0.27% up in the 30-day period. We can see from the shorts that 1.04 Million shares have been sold at a short interest cover period of 0.25 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bears needing to reduce their stock price by -26.61% from its current value. Analyst projections state that WIMI is forecast to be at a low of $8 and a high of $8. In order for the stock price to hit the forecast high, the stock would need to surge -26.61% from its current level, while the stock would need to crash -26.61% from its current level to reach the projected low.
WiMi Hologram Cloud Inc. (WIMI) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. WiMi Hologram Cloud Inc. earnings are expected to increase by 14.6% in 2021, but the outlook is negative 0% per year for the next five years.
WiMi Hologram Cloud Inc. (NASDAQ:WIMI)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0% of WiMi Hologram Cloud Inc. shares, and 1.28% of them are in the hands of institutional investors. The stock currently has a share float of 1.28%. WiMi Hologram Cloud Inc. stock is held by 20 institutions, with Susquehanna Fundamental Investments, LLC being the largest institutional investor. By Sep 29, 2020, it held 3.74% of the shares, which is about 205.88 Thousand shares worth $1.15 Million.
UBS Group AG, with 2.43% or 133.55 Thousand shares worth $743.85 Thousand as of Sep 29, 2020, holds the second largest percentage of outstanding shares.
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