Wimi Hologram Cloud Inc ADR (WIMI) Suffers From Weak Fundamental Momentum

ZM Stock

Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) has a beta value of 0.84 and has seen 10.52 million shares traded in the last trading session. The company, currently valued at $141.92M, closed the last trade at $1.61 per share which meant it lost -$0.07 on the day or -4.17% during that session. The WIMI stock price is -81.37% off its 52-week high price of $2.92 and 62.11% above the 52-week low of $0.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 28.77 million shares traded. The 3-month trading volume is 5.32 million shares.

Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) trade information

Sporting -4.17% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WIMI stock price touched $1.61 or saw a rise of 44.86%. Year-to-date, Wimi Hologram Cloud Inc ADR shares have moved -12.97%, while the 5-day performance has seen it change 24.81%. Over the past 30 days, the shares of Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) have changed 87.21%. Short interest in the company has seen 0.28 million shares shorted with days to cover at 0.6.

Wimi Hologram Cloud Inc ADR (WIMI) estimates and forecasts

The company’s shares have gained 85.48% over the past 6 months.

WIMI Dividends

Wimi Hologram Cloud Inc ADR is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI)’s Major holders

The top two institutional holders are RENAISSANCE TECHNOLOGIES LLC with over 0.34 million shares worth more than $0.29 million. As of 2024-06-30, RENAISSANCE TECHNOLOGIES LLC held 0.3909% of shares outstanding.

The other major institutional holder is MORGAN STANLEY, with the holding of over 66559.0 shares as of 2024-06-30. The firm’s total holdings are worth over $55970.0 and represent 0.0763% of shares outstanding.