WiMi Hologram Cloud Inc. (NASDAQ:WIMI – Get Rating)'s share price dropped 1.2% during trading on Thursday . The company traded as low as $0.84 and last traded at $0.85. Approximately 307,458 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 882,379 shares. The stock had previously closed at $0.86.

WiMi Hologram Cloud Stock Performance

The business's fifty day moving average price is $0.89 and its 200 day moving average price is $1.52. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.51 and a quick ratio of 6.48.

Hedge Funds Weigh In On WiMi Hologram Cloud

A number of institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC increased its holdings in shares of WiMi Hologram Cloud by 883.6% in the 2nd quarter. Renaissance Technologies LLC now owns 330,504 shares of the company's stock valued at $717,000 after acquiring an additional 296,904 shares during the period. ProShare Advisors LLC increased its stake in WiMi Hologram Cloud by 11.6% in the 3rd quarter. ProShare Advisors LLC now owns 134,183 shares of the company's stock valued at $207,000 after buying an additional 13,975 shares during the period. Commonwealth Equity Services LLC increased its stake in WiMi Hologram Cloud by 32.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 93,550 shares of the company's stock valued at $249,000 after buying an additional 22,950 shares during the period. Invesco Ltd. increased its stake in WiMi Hologram Cloud by 58.9% in the 1st quarter. Invesco Ltd. now owns 68,482 shares of the company's stock valued at $183,000 after buying an additional 25,392 shares during the period. Finally, SG Americas Securities LLC acquired a new position in WiMi Hologram Cloud in the 2nd quarter valued at $96,000. 1.15% of the stock is owned by institutional investors and hedge funds.

About WiMi Hologram Cloud

WiMi Hologram Cloud Inc provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products.

Featured Stories

• Get a free copy of the StockNews.com research report on WiMi Hologram Cloud (WIMI)
• MarketBeat: Week in Review 12/19 – 12/23
• These Steelmakers Deserve A Place On Your 2023 Watch List
• Inflation Cools, Where Does The S&P 500 Go Now
• Cintas Beats Inflation With Operating Leverage
• Your Decision to Buy Palantir May Simply Be a Matter of Time

Receive News & Ratings for WiMi Hologram Cloud Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WiMi Hologram Cloud and related companies with MarketBeat.com's FREE daily email newsletter.