At the time of writing, Wimi Hologram Cloud Inc [WIMI] stock is trading at $5.03, up 11.78%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WIMI shares have gain 12.28% over the last week, with a monthly amount drifted -28.14%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wimi Hologram Cloud Inc [NASDAQ: WIMI] stock has seen the most recent analyst activity on December 30, 2020, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $8. Previously, Maxim Group downgraded its rating to Hold on July 13, 2020.
For the past year, the stock price of Wimi Hologram Cloud Inc fluctuated between $3.82 and $29.20. Wimi Hologram Cloud Inc [NASDAQ: WIMI] shares were valued at $5.03 at the most recent close of the market.
Analyzing the WIMI fundamentals
Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -0.32%, Pretax Profit Margin comes in at -0.78%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.27 and Total Capital is -0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.35 points at the first support level, and at 3.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.69, and for the 2nd resistance point, it is at 6.36.
Ratios To Look Out For
It is important to note that Wimi Hologram Cloud Inc [NASDAQ:WIMI] has a current ratio of 2.35. As well, the Quick Ratio is 2.35, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 11.68, the price to book ratio is 9.57.
