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MicroCloud Hologram (NASDAQ:HOLO) Trading 3.8% Higher - What's Next?

MicroCloud Hologram logo with Business Services background

Key Points

  • MicroCloud Hologram Inc. shares increased by 3.8% during trading, reaching a high of $4.85 and closing at $4.68, with volume significantly up by 30% from average trading levels.
  • Institutional investor Universal Beteiligungs und Servicegesellschaft mbH purchased 205,000 shares of MicroCloud Hologram, amounting to approximately $169,000, representing a 15.04% stake in the company.
  • The company's services include holographic technology solutions such as LiDAR applications and intelligent vehicle vision technology aimed at enhancing advanced driver assistance systems.
  • Interested in MicroCloud Hologram? Here are five stocks we like better.

Shares of MicroCloud Hologram Inc. (NASDAQ:HOLO - Get Free Report) shot up 3.8% during mid-day trading on Wednesday . The stock traded as high as $4.85 and last traded at $4.68. 1,755,045 shares traded hands during trading, an increase of 30% from the average session volume of 1,353,290 shares. The stock had previously closed at $4.51.

MicroCloud Hologram Trading Down 0.4%

The company's fifty day moving average price is $4.98 and its 200-day moving average price is $15.21.

Hedge Funds Weigh In On MicroCloud Hologram

An institutional investor recently bought a new position in MicroCloud Hologram stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in MicroCloud Hologram Inc. (NASDAQ:HOLO - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 205,000 shares of the company's stock, valued at approximately $169,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 15.04% of MicroCloud Hologram as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 2.13% of the company's stock.

MicroCloud Hologram Company Profile

(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

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