WiMi Hologram Cloud (NASDAQ:WIMI) Trading Up 3.2% – Time to Buy?

WiMi Hologram Cloud Inc. (NASDAQ:WIMI)’s stock price was up 3.2% during trading on Monday . The stock traded as high as $2.94 and last traded at $2.89. Approximately 65,947 shares changed hands during trading, a decline of 48% from the average daily volume of 128,043 shares. The stock had previously closed at $2.80.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of WiMi Hologram Cloud in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

WiMi Hologram Cloud Stock Up 3.2%

The company’s 50 day moving average is $3.94 and its 200-day moving average is $3.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WiMi Hologram Cloud stock. Jump Financial LLC bought a new position in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 39,512 shares of the company’s stock, valued at approximately $109,000. Jump Financial LLC owned about 0.40% of WiMi Hologram Cloud at the end of the most recent quarter. Institutional investors own 0.96% of the company’s stock.

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.