MicroCloud Hologram (NASDAQ:HOLO) Posts Earnings Results

MicroCloud Hologram (NASDAQ:HOLO) issued its quarterly earnings data on Thursday. The company reported ($0.38) EPS for the quarter, FiscalAI reports. The firm had revenue of $15.73 million for the quarter.

MicroCloud Hologram Price Performance

NASDAQ:HOLO opened at $1.76 on Friday. MicroCloud Hologram has a 12 month low of $1.43 and a 12 month high of $7.08. The firm has a market capitalization of $25.72 million, a PE ratio of -0.01 and a beta of 2.90. The business’s fifty day moving average price is $1.61 and its 200 day moving average price is $1.86.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new stake in MicroCloud Hologram during the third quarter worth approximately $34,000. Jane Street Group LLC acquired a new stake in MicroCloud Hologram during the fourth quarter worth approximately $60,000. Quadrature Capital Ltd acquired a new stake in MicroCloud Hologram during the fourth quarter worth approximately $64,000. Qube Research & Technologies Ltd acquired a new stake in MicroCloud Hologram during the third quarter worth approximately $70,000. Finally, Virtu Financial LLC purchased a new stake in shares of MicroCloud Hologram during the 4th quarter worth approximately $98,000. Hedge funds and other institutional investors own 2.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of MicroCloud Hologram in a research note on Friday, June 26th. Wall Street Zen downgraded shares of MicroCloud Hologram from a “hold” rating to a “sell” rating in a research note on Saturday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, MicroCloud Hologram presently has a consensus rating of “Sell”.

About MicroCloud Hologram

MicroCloud Hologram Inc provides holographic technology services worldwide. It operates in two segments, Holographic Solutions and Holographic Technology Service. Its services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithms architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to service customers that provide holographic advanced driver assistance systems.