In the latest trading session, 1.03 million WiMi Hologram Cloud Inc. (NASDAQ:WIMI) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $5.20 changed hands at -$0.33 or -5.97% at last look, the market valuation stands at $479.50M. WIMI’s current price is a discount, trading about -467.31% off its 52-week high of $29.50. The share price had its 52-week low at $3.38, which suggests the last value was 35.0% up since then. When we look at WiMi Hologram Cloud Inc.’s average trading volume, we note the 10-day average is 1.08 million shares, with the 3-month average coming to 3.03 million.
Analysts gave the WiMi Hologram Cloud Inc. (WIMI) stock a consensus recommendation rating of an Overweight, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended WIMI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. WiMi Hologram Cloud Inc.’s EPS for the current quarter is expected to be $0.
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) trade information
Instantly WIMI was in red as seen in intraday trades today. With action -6.90%, the performance over the past five days has been red. The drop to weekly highs of 5.93 on Friday, 06/18/21 subtracted -5.97% to the stock’s daily price. The company’s shares are showing year-to-date downside of -3.99%, with the 5-day performance at -6.90% in the red. However, in the 30-day time frame, WiMi Hologram Cloud Inc. (NASDAQ:WIMI) is 5.33% up. Looking at the short shares, we see there were 3.15 million shares sold at short interest cover period of 1.87 days.
The consensus price target for the stock as assigned by Wall Street analysts is $7.00, meaning bulls need an upside of 25.71% from its recent market value. According to analyst projections, WIMI’s forecast low is $7.00 with $7.00 as the target high. To hit the forecast high, the stock’s price needs a -34.62% plunge from its current level, while the stock would need to soar -34.62% for it to hit the projected low.
WiMi Hologram Cloud Inc. (NASDAQ:WIMI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.00% of WiMi Hologram Cloud Inc. shares while 3.36% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.36%. There are 3.36% institutions holding the WiMi Hologram Cloud Inc. stock share, with Sabby Management, LLC the top institutional holder. As of Mar 30, 2021, the company held 1.28% of the shares, roughly 0.98 million WIMI shares worth $6.47 million.
Susquehanna International Group, LLP holds the second largest percentage of outstanding shares, with 0.28% or 0.21 million shares worth $1.41 million as of Mar 30, 2021.
Among Mutual Funds, the top two as of May 30, 2021 were DireXionShares ETF Tr-Direxion Connected Consumer ETF and Invesco ETF Tr-Invesco Golden Dragon China ETF. With 35411.0 shares estimated at $0.19 million under it, the former controlled 0.05% of total outstanding shares. On the other hand, Invesco ETF Tr-Invesco Golden Dragon China ETF held about 0.05% of the shares, roughly 34828.0 shares worth around $0.21 million.