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WTO’s Market Ups and Downs: What’s Behind the 2023 Stock Performance?

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -95.78%. However, over the past six months, we’ve seen a stronger performance of -98.34%. The price of WTO leaped by -16.48% over the last 30 days. And in the last five days, it has surged by 3.50%.

UTime Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $62.25 on 08/28/24, while the lowest price for the same period was registered at $0.24 on 12/13/24.

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52-week price history of WTO Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. UTime Ltd’s current trading price is -99.52% away from its 52-week high, while its distance from the 52-week low is 22.21%. The stock’s price range during this time has been between $0.24 and $62.25. The trading volume for the Technology sector company’s shares reached about 0.8 million for the day, which was lower than the average daily volume of 1.06 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

UTime Ltd (WTO) has experienced a quarterly decline of -37.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.35M and boasts a workforce of 172 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.2136, with a change in price of -30.7012. Similarly, UTime Ltd recorded 2,335,945 in trading volume during the last 100 days, posting a change of -99.04%.

WTO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WTO stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.03.

WTO Stock Stochastic Average

Today’s raw stochastic average for UTime Ltd over the last 50 days is 21.78%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 28.50%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 19.55% and 15.88%, respectively.

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