Wimi Hologram Cloud Inc ADR (WIMI)’s Stock Price Falls Due To Weak Fundamental Momentum

Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) has a beta value of 0.82 and has seen 1.19 million shares traded in the last trading session. The company, currently valued at $61.18M, closed the last trade at $0.69 per share which meant it lost -$0.04 on the day or -5.00% during that session. The WIMI stock price is -323.19% off its 52-week high price of $2.92 and 8.7% above the 52-week low of $0.63.

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

Sporting -5.00% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the WIMI stock price touched $0.69 or saw a rise of 12.66%. Year-to-date, Wimi Hologram Cloud Inc ADR shares have moved -62.49%, while the 5-day performance has seen it change -4.54%. Over the past 30 days, the shares of Wimi Hologram Cloud Inc ADR (NASDAQ:WIMI) have changed -23.31%.

Wimi Hologram Cloud Inc ADR (WIMI) estimates and forecasts

The company’s shares have lost -9.25% over the past 6 months.

WIMI Dividends

Wimi Hologram Cloud Inc ADR is expected to release its next earnings report in April 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.