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MicroCloud Hologram (NASDAQ:HOLO) Hits New 1-Year Low - Here's Why

MicroCloud Hologram logo with Business Services background

MicroCloud Hologram Inc. (NASDAQ:HOLO - Get Free Report)'s share price reached a new 52-week low on Tuesday . The stock traded as low as $11.21 and last traded at $12.20, with a volume of 1937722 shares traded. The stock had previously closed at $15.36.

MicroCloud Hologram Price Performance

The stock has a 50-day moving average of $31.35 and a 200-day moving average of $76.04.

Institutional Trading of MicroCloud Hologram

Large investors have recently modified their holdings of the business. Jane Street Group LLC raised its stake 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 purchasing an additional 325,785 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of MicroCloud Hologram during the 4th quarter worth $232,000. Bravias Capital Group LLC purchased a new position in MicroCloud Hologram in the fourth quarter worth $162,000. Finally, Virtu Financial LLC bought a new position in MicroCloud Hologram in the fourth quarter valued at $53,000. Institutional investors own 2.13% of the company's stock.

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.

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