WiMi Hologram Cloud (NASDAQ:WIMI) Stock Price Down 1.4%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) dropped 1.4% during mid-day trading on Friday . The stock traded as low as $0.79 and last traded at $0.80. Approximately 101,057 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 1,870,949 shares. The stock had previously closed at $0.81.

WiMi Hologram Cloud Price Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.67 and a current ratio of 3.67. The business’s 50 day moving average price is $0.80 and its 200 day moving average price is $0.86.

Institutional Investors Weigh In On WiMi Hologram Cloud

An institutional investor recently bought a new position in WiMi Hologram Cloud stock. Virtu Financial LLC purchased a new position in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 46,221 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned approximately 0.05% of WiMi Hologram Cloud as of its most recent filing with the Securities & Exchange Commission. 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.