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 -51.33% away from its 52-week high, while its distance from the 52-week low is 62.52%. 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 7.83 million for the day, which was noticeably higher than the average daily share volume of 3.39 million over the last 3 months.
In terms of market performance, Wimi Hologram Cloud Inc ADR had a fairly uneven. The highest value for the stock in the past year was $1.87 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 28.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 69.76M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8500, with a change in price of +0.2390. Similarly, Wimi Hologram Cloud Inc ADR recorded 2,490,128 in trading volume during the last 100 days, posting a change of +36.21%.
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 21.69%, indicating a decline from the raw stochastic average of the last 20 days, which was 86.77%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 43.89% and 26.36% respectively.
WIMI Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 12.36%. However, over the last six months, the performance has been weaker by 42.20%. The price of WIMI decreased -3.63% over the last 30 days. And in the last five days, it has surged by 30.76%.
