UTime Ltd (WTO) At $0.49 Offering A Unique Opportunity

UTime Ltd (NASDAQ:WTO) currently has a daily average trading volume of 2.66M but it saw 2975260 shares traded in last market. With a market cap of 12.55M USD, the company’s current market price of $0.49 came rising about 5.50 while comparing to the previous closing price of $0.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $62.25 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.463 while lowest mark touched by it was $0.52.

Taking a look at 20-day trading activity of UTime Ltd (WTO) gives us an average price of $1.0196, while its current price level is -99.22% below from 52-week high level whereas it is 5.54% 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 $20.3225 while that of 200 days or SMA-200 reads an average of $11.6974. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.26% during that period while stretching the period over a month that increases to 236.37%. 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 30.45 which implies that the stock is in neutral territory.

Over the week, WTO’s stock price is moving -7.28% down while it is -99.13% when we observe its performance for the past one month. Year-to-date it is -92.91% down and over the past year, the stock is showing a downside performance of -93.85%.

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 0.73. Stock has a price to book (P/B) ratio of 3.76 while price to sale or P/S ratio amounts to 0.52. Its return on asset (ROA) is -6.63% on average.