WiMi Hologram Cloud (NASDAQ:WIMI) Shares Gap Up – What’s Next?

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) gapped up before the market opened on Wednesday . The stock had previously closed at $4.06, but opened at $4.23. WiMi Hologram Cloud shares last traded at $5.59, with a volume of 3,596,333 shares changing hands.

WiMi Hologram Cloud Trading Up 41.2 %

The business has a 50-day moving average of $14.38 and a two-hundred day moving average of $18.30.

Institutional Investors Weigh In On WiMi Hologram Cloud

Several hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC bought a new stake in shares of WiMi Hologram Cloud in the fourth quarter worth $33,000. Two Sigma Investments LP acquired a new position in WiMi Hologram Cloud during the 4th quarter worth about $45,000. Private Advisor Group LLC bought a new stake in shares of WiMi Hologram Cloud in the 4th quarter valued at about $54,000. Virtu Financial LLC increased its stake in shares of WiMi Hologram Cloud by 97.9% in the third quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock valued at $64,000 after buying an additional 30,512 shares during the period. Finally, Bravias Capital Group LLC acquired a new stake in shares of WiMi Hologram Cloud in the fourth quarter valued at about $61,000. 0.96% of the stock is currently owned by institutional investors and hedge funds.

WiMi Hologram Cloud Company Profile

WiMi Hologram Cloud Inc provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products.