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WIMI’s Debt-to-Equity Ratio at 0.25: What It Means for Wimi Hologram Cloud Inc ADR’s Future

The market performance of Wimi Hologram Cloud Inc ADR’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $1.87 on 03/15/24, while the lowest value for the same duration was $0.61 on 02/05/24.

52-week price history of WIMI Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Wimi Hologram Cloud Inc ADR’s current trading price is -54.02% away from its 52-week high, while its distance from the 52-week low is 42.12%. The stock’s price range during this period has spanned from $0.61 to $1.87. In the Communication Services sector, the Wimi Hologram Cloud Inc ADR’s shares surpassed a trading volume of approximately 7.44 million for the day, which was noticeably higher compared to the average daily volume of 9.0.41 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Wimi Hologram Cloud Inc ADR (WIMI) has experienced a quarterly rise of 6.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 75.79M and boasts a workforce of 107 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8377, with a change in price of -0.0249. Similarly, Wimi Hologram Cloud Inc ADR recorded 413,505 in trading volume during the last 100 days, posting a change of -2.86%.

Examining WIMI’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WIMI stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.03.

WIMI Stock Stochastic Average

Today’s raw stochastic average for Wimi Hologram Cloud Inc ADR over the last 50 days is 29.31%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 32.69%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 21.82% and 23.35%, respectively.

WIMI Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant gain of 6.15% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 5.11%. Over the past 30 days, the price of WIMI has fallen by 8.84%. And in the last five days, it has fallen by -0.92%.

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