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 -66.15% away from its 52-week high, while its distance from the 52-week low is 13.03%. The stock’s price range over this period has fluctuated between $0.56 and $1.87. The company, operating within the financial sector, had a trading volume of approximately 0.85 million for the day, which was noticeably lower than the average daily share volume of 3.41 million over the last 3 months.
Wimi Hologram Cloud Inc ADR experienced a rather shaky stock market performance. The highest value in the past year was recorded at $1.87 on 03/15/24 and the lowest value was $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 decline of -13.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.52M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8458, with a change in price of -0.0046. Similarly, Wimi Hologram Cloud Inc ADR recorded 2,398,884 in trading volume during the last 100 days, posting a change of -0.72%.
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, Wimi Hologram Cloud Inc ADR’s raw stochastic average for the past 50 days stands at 2.21%, indicating a rise from the raw stochastic average of the last 20 days, which was 0.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 6.70% and 7.37% 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. This year’s metric has recorded a Price decrease of -21.86%. However, over the past six months, we’ve seen a stronger performance of -5.53%. The price of WIMI leaped by -56.05% over the last 30 days. And in the last five days, it has fallen by -17.80%.
