With 20.54M Outstanding Shares, Can MicroCloud Hologram Inc (NASDAQ: HOLO) Deliver Big Short-Term Gains?

MicroCloud Hologram Inc (NASDAQ:HOLO) currently has a daily average trading volume of 3.99M but it saw 3499109 shares traded in last market. With a market cap of 53.62M USD, the company’s current market price of $2.61 came rising about 1.95 while comparing to the previous closing price of $2.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $1968.00 and as low as $2.40. In the recent trading on the day, stock has struck highest price mark of $2.48 while lowest mark touched by it was $2.88.

Taking a look at 20-day trading activity of MicroCloud Hologram Inc (HOLO) gives us an average price of $3.25, while its current price level is -99.87% below from 52-week high level whereas it is 8.75% 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 $4.56 while that of 200 days or SMA-200 reads an average of $60.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.64% during that period while stretching the period over a month that increases to 14.73%. 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 37.62 which implies that the stock is in neutral territory.

Over the week, HOLO’s stock price is moving -13.29% down while it is -50.00% when we observe its performance for the past one month. Year-to-date it is -96.32% down and over the past year, the stock is showing a downside performance of -97.83%.

Currently, MicroCloud Hologram Inc’s total number of outstanding shares is 20.54M. Company’s return on investment (ROI) stands at -24.04% and return on equity (ROE) at -39.06%. Stock’s beta reads 4.38. Stock has a price to book (P/B) ratio of 0.14 while price to sale or P/S ratio amounts to 1.63. Its return on asset (ROA) is -33.74% on average.