WiMi Hologram Cloud Inc.: The Losing Streak Continues (WIMI)

July 26, 2021 10:04:38

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) traded today at a new 52-week low of $4.11. So far today approximately 465,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.

In the past 52 weeks, shares of WiMi Hologram Cloud Inc. have traded between the current low of $4.11 and a high of $12.94 and is now at $4.31.

WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.

Potential upside of 7.7% exists for WiMi Hologram Cloud Inc., based on a current level of $4.31 and analysts’ average consensus price target of $4.64.

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