Market Update: Wimi Hologram Cloud Inc (WIMI) Sees Negative Movement, Closing at 3.74

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In the latest session, Wimi Hologram Cloud Inc (NASDAQ: WIMI) closed at $3.74 down -10.31% from its previous closing price of $4.17. In other words, the price has decreased by -$10.31 from its previous closing price. On the day, 0.63 million shares were traded. WIMI stock price reached its highest trading level at $4.22 during the session, while it also had its lowest trading level at $3.72.

Ratios:

For a deeper understanding of Wimi Hologram Cloud Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.49. 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 36729792 and an Enterprise Value of -1347733120. As of this moment, Wimi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at -2.487 whereas that against EBITDA is -104.176.

Stock Price History:

The Beta on a monthly basis for WIMI is 0.73, which has changed by -0.5867404 over the last 52 weeks, in comparison to a change of 0.11936104 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 $3.82. The 50-Day Moving Average of the stock is -36.94%, while the 200-Day Moving Average is calculated to be -55.79%.

Shares Statistics:

For the past three months, WIMI has traded an average of 801.93K shares per day and 287720 over the past ten days. 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 1.54% stake in the company. Therefore, it implies a Short% of Shares Outstanding of 820886 and a Short% of Float of 8.76.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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