Future Outlook And Stock Price Performance For UTime Ltd (NASDAQ: WTO)

NOVA

In today’s recent session, 66.9 million shares of the UTime Ltd (NASDAQ:WTO) have been traded, and its beta is 0.99. Most recently the company’s share price was $0.17, and it changed around -$2.06 or -92.60% from the last close, which brings the market valuation of the company to $74.45M. WTO at last check was trading at a discount to its 52-week high of $2.37, offering almost -1294.12% off that amount. The share price’s 52-week low was $0.13, which indicates that the recent value has risen by an impressive 23.53% since then. We note from UTime Ltd’s average daily trading volume that its 10-day average is 0.44 million shares, with the 3-month average coming to 251.15K.

UTime Ltd (NASDAQ:WTO) trade information

Instantly WTO has been showing red trend so far today with a performance of -92.60% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.49 on recent trading dayincreased the stock’s daily price by 93.17%. The company’s shares are currently down -39.96% year-to-date, but still down -90.83% over the last five days. On the other hand, UTime Ltd (NASDAQ:WTO) is -86.79% down in the 30-day period. We can see from the shorts that 0.22 million shares have been sold at a short interest cover period of 1.04 day(s).

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