UTime (NASDAQ:WTO) Trading Down 6.3% – Should You Sell?

UTime Limited (NASDAQ:WTOGet Free Report) shares fell 6.3% on Wednesday . The stock traded as low as $0.7811 and last traded at $0.8136. 103,670 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 361,582 shares. The stock had previously closed at $0.8680.

Analysts Set New Price Targets

Several equities research analysts have commented on WTO shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of UTime in a report on Thursday, October 30th. Wall Street Zen raised shares of UTime to a “sell” rating in a research report on Saturday, November 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

View Our Latest Stock Report on WTO

UTime Stock Down 6.3%

The stock’s 50 day moving average price is $15.01 and its 200-day moving average price is $72.74.

About UTime

(Get Free Report)

UTime Limited, together with its subsidiaries, designs, develops, manufactures, sells, and operates mobile phones, accessories, and related consumer electronics. The company offers consumer electronics, such as power banks, bluetooth speakers, batteries, chargers, cell phone parts, molds, and shells.

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