There’s Still Time to Buy MicroCloud Hologram Inc (NASDAQ:HOLO) Stock

In yesterday’s Wall Street session, MicroCloud Hologram Inc (NASDAQ:HOLO) shares traded at $0.55, down -21.43% from the previous session.

HOLO stock price is now -34.32% away from the 50-day moving average and -78.19% away from the 200-day moving average. The market capitalization of the company currently stands at $27.95M.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

A total of 81.30% of the company’s stock is owned by insiders.

On Wednesday morning MicroCloud Hologram Inc (NASDAQ: HOLO) stock kicked off with the opening price of $0.7122. During the past 12 months, MicroCloud Hologram Inc has had a low of $0.50 and a high of $17.63. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 2.69, and a quick ratio of 2.66. The fifty day moving average price for HOLO is $0.8374 and a two-hundred day moving average price translates $2.5213 for the stock.

The latest earnings results from MicroCloud Hologram Inc (NASDAQ: HOLO) was released for Jun, 2023. The net profit margin was -66.65% and return on equity was -72.03% for HOLO.

MicroCloud Hologram Inc(HOLO) Company Profile

MicroCloud Hologram Inc. engages in the research and development, and application of holographic technology. Its holographic technology 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 (ADAS). The company provides its holographic technology services to its customers worldwide. It also provides holographic digital twin technology services and has a proprietary holographic digital twin technology resource library. Its holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. In addition, it distributes holographic hardware. MicroCloud Hologram Inc. is based in Shenzhen, China.

Related Posts