Trading Day Review: Wimi Hologram Cloud Inc ADR (WIMI) Loses Momentum, Closing at 0.89

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The price of Wimi Hologram Cloud Inc ADR (NASDAQ: WIMI) closed at $0.89 in the last session, down -30.03% from day before closing price of $1.27. In other words, the price has decreased by -$30.03 from its previous closing price. On the day, 19.04 million shares were traded.

Ratios:

We take a closer look at WIMI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.35 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.03.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 0.85.

Stock Price History:

Over the past 52 weeks, WIMI has reached a high of $2.92, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -21.36%, while the 200-Day Moving Average is calculated to be -3.60%.

Shares Statistics:

A total of 88.15M shares are outstanding, with a floating share count of 76.65M.

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