Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Wimi Hologram Cloud Inc ADR’s current trading price is 2.09% away from its 52-week high, while its distance from the 52-week low is 153.39%. The stock’s price range over this period has fluctuated between $0.56 and $1.39. The company, operating within the financial sector, had a trading volume of approximately 45.05 million for the day, which was noticeably higher than the average daily share volume of 1.47 million over the last 3 months.
Wimi Hologram Cloud Inc ADR experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $1.39 on 03/14/24, while the lowest price for the same period was registered at $0.56 on 11/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wimi Hologram Cloud Inc ADR (WIMI) has experienced a quarterly rise of 106.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 108.77M and boasts a workforce of 155 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7878, with a change in price of +0.7801. Similarly, Wimi Hologram Cloud Inc ADR recorded 1,550,165 in trading volume during the last 100 days, posting a change of +118.20%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WIMI stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
WIMI Stock Stochastic Average
Today’s raw stochastic average for Wimi Hologram Cloud Inc ADR over the last 50 days is 77.68%.This indicates a increase from the raw stochastic average of the past 20 days, which was 72.57%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 57.78% and 54.98%, respectively.
WIMI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 75.19%.However, over the last six months, we can see a weaker performance of 94.38%. Over the last 30 days, the price of WIMI has fallen by 53.90%. And in the last five days, it has surged by 35.79%.
