Wimi Hologram Cloud Inc (NASDAQ:WIMI) Share Price Recovers 39.46% From Its Lows, But Can It Maintain Its Rise?

ZM Stock

In last trading session, Wimi Hologram Cloud Inc (NASDAQ:WIMI) saw 0.72 million shares changing hands with its beta currently measuring 0.33. Company’s recent per share price level of $3.7 trading at $0.01 or 0.27% at ring of the bell on the day assigns it a market valuation of $36.33M. That closing price of WIMI’s stock is at a discount of -689.19% from its 52-week high price of $29.20 and is indicating a premium of 39.46% from its 52-week low price of $2.24. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.41 million shares which gives us an average trading volume of 512.14K if we extend that period to 3-months.

Wimi Hologram Cloud Inc (NASDAQ:WIMI) trade information

Wimi Hologram Cloud Inc’s shares saw a change of -56.37% in year-to-date performance and have moved 5.71% in past 5-day. Wimi Hologram Cloud Inc (NASDAQ:WIMI) showed a performance of 52.26% in past 30-days. Number of shares sold short was 0.48 million shares which calculate 0.98 days to cover the short interests.

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

Insiders are in possession of 23.63% of company’s total shares while institution are holding 0.74 percent of that, with stock having share float percentage of 0.96%. Investors also watch the number of corporate investors in a company very closely, which is 0.74% institutions for Wimi Hologram Cloud Inc that are currently holding shares of the company. RENAISSANCE TECHNOLOGIES LLC is the top institutional holder at WIMI for having 0.34 million shares of worth $0.29 million. And as of 2024-06-30, it was holding 0.3909 of the company’s outstanding shares.

The second largest institutional holder is MORGAN STANLEY, which was holding about 66559.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0763 of outstanding shares, having a total worth of $55970.0.

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