Free Trial

MicroCloud Hologram (NASDAQ:HOLO) Trading Down 7.3% - Here's What Happened

MicroCloud Hologram logo with Business Services background
Remove Ads

MicroCloud Hologram Inc. (NASDAQ:HOLO - Get Free Report) shares fell 7.3% on Wednesday . The company traded as low as $1.12 and last traded at $1.14. 19,460,774 shares were traded during mid-day trading, a decline of 36% from the average session volume of 30,514,146 shares. The stock had previously closed at $1.23.

MicroCloud Hologram Stock Up 31.9 %

The business's 50-day moving average is $2.02 and its two-hundred day moving average is $3.80.

Institutional Investors Weigh In On MicroCloud Hologram

A number of institutional investors and hedge funds have recently bought and sold shares of HOLO. Jane Street Group LLC lifted its position in MicroCloud Hologram by 336.3% in the third quarter. Jane Street Group LLC now owns 422,656 shares of the company's stock valued at $152,000 after acquiring an additional 325,785 shares during the last quarter. XTX Topco Ltd lifted its position in MicroCloud Hologram by 1,488.2% in the third quarter. XTX Topco Ltd now owns 174,637 shares of the company's stock valued at $63,000 after acquiring an additional 163,641 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in MicroCloud Hologram in the fourth quarter valued at $232,000. Bravias Capital Group LLC purchased a new stake in MicroCloud Hologram in the fourth quarter valued at $162,000. Finally, Virtu Financial LLC purchased a new stake in shares of MicroCloud Hologram in the fourth quarter valued at about $53,000. 2.13% of the stock is owned by hedge funds and other institutional investors.

About MicroCloud Hologram

(Get Free Report)

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.

Further Reading

Remove Ads

Should You Invest $1,000 in MicroCloud Hologram Right Now?

Before you consider MicroCloud Hologram, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MicroCloud Hologram wasn't on the list.

While MicroCloud Hologram currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

While tech giants are down, "boring" bank stocks are quietly outperforming. Find out how to leverage these banks' stability for significant gains!

Related Videos

Why Palantir’s Future Just Got a Massive Boost
7 Flying Car Stocks to Buy Before the Sector Really Takes Off
Archer Aviation: Sinking Now, Soaring Soon?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads