A Few Bright Spots In UTime Ltd (NASDAQ: WTO)

UTime Ltd (NASDAQ:WTO) currently has a daily average trading volume of 34.95M but it saw 145088050 shares traded in last market. With a market cap of 31.75M USD, the company’s current market price of $0.07 came falling about -14.04 while comparing to the previous closing price of $0.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.49 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.0672 while lowest mark touched by it was $0.0774.

Taking a look at 20-day trading activity of UTime Ltd (WTO) gives us an average price of $1.2654, while its current price level is -97.17% below from 52-week high level whereas it is 30.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.0731 while that of 200 days or SMA-200 reads an average of $0.4853. A closer look into the stock’s movement over the week reveals that its volatility is standing at 926.78% during that period while stretching the period over a month that decreases to 234.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.08 which implies that the stock is in neutral territory.

Over the week, WTO’s stock price is moving -96.84% down while it is -93.48% when we observe its performance for the past one month. Year-to-date it is -74.40% down and over the past year, the stock is showing a downside performance of -85.27%.

Currently, UTime Ltd’s total number of outstanding shares is 392.11M. Company’s return on investment (ROI) stands at -16.18% and return on equity (ROE) at -15.67%. Stock’s beta reads 0.72. Stock has a price to book (P/B) ratio of 0.54 while price to sale or P/S ratio amounts to 1.32. Its return on asset (ROA) is -6.63% on average.