Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Wimi Hologram Cloud Inc (NASDAQ: WIMI) closed the day trading at $5.13 up 5.77% from the previous closing price of $4.85. In other words, the price has increased by $5.77 from its previous closing price. On the day, 0.48 million shares were traded. WIMI stock price reached its highest trading level at $5.22 during the session, while it also had its lowest trading level at $4.7.
Ratios:
For a better understanding of WIMI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.68. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on December 30, 2020, initiated with a Buy rating and assigned the stock a target price of $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WIMI now has a Market Capitalization of 47630908 and an Enterprise Value of -1334082176. As of this moment, Wimi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at -2.462 whereas that against EBITDA is -103.121.
Stock Price History:
The Beta on a monthly basis for WIMI is 0.31, which has changed by -0.4034884 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, WIMI has reached a high of $29.20, while it has fallen to a 52-week low of $2.24. The 50-Day Moving Average of the stock is 31.38%, while the 200-Day Moving Average is calculated to be -19.63%.
Shares Statistics:
Over the past 3-months, WIMI traded about 346.33K shares per day on average, while over the past 10 days, WIMI traded about 466690 shares per day. A total of 10.00M shares are outstanding, with a floating share count of 6.73M. Insiders hold about 31.45% of the company’s shares, while institutions hold 5.27% stake in the company. Shares short for WIMI as of 1756425600 were 425915 with a Short Ratio of 1.23, compared to 1753920000 on 542960. Therefore, it implies a Short% of Shares Outstanding of 425915 and a Short% of Float of 7.88.
