The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Wimi Hologram Cloud Inc ADR’s current trading price is 2.98% away from its 52-week high, while its distance from the 52-week low is 208.93%. The stock’s price range for this period has been between $0.56 and $1.68 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 27.27 million for the day, a number notably higher than the average daily volume of 2.35 million over the last three months.
In terms of market performance, Wimi Hologram Cloud Inc ADR had a fairly even. The highest value for the stock in the past year was $1.68 on 03/15/24, and the lowest value was recorded 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 142.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 132.60M 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 0.7990, with a change in price of +1.1150. Similarly, Wimi Hologram Cloud Inc ADR recorded 1,959,393 in trading volume during the last 100 days, posting a change of +181.30%.
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
As of today, Wimi Hologram Cloud Inc ADR’s raw stochastic average for the last 50 days stands at 88.93%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 86.58%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 70.13% and 60.50%, respectively.
WIMI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 113.58% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 143.52%. Over the past 30 days, the price of WIMI has fallen by 81.59%. And in the last five days, it has surged by 57.27%.
