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Weiss Ratings Reaffirms "Sell (D)" Rating for MicroCloud Hologram (NASDAQ:HOLO)

MicroCloud Hologram logo with Business Services background

MicroCloud Hologram (NASDAQ:HOLO - Get Free Report)'s stock had its "sell (d)" rating reissued by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

MicroCloud Hologram Price Performance

Shares of NASDAQ:HOLO opened at $5.06 on Wednesday. The business's 50 day simple moving average is $4.84 and its 200-day simple moving average is $8.83. MicroCloud Hologram has a 12 month low of $4.16 and a 12 month high of $370.00.

Institutional Investors Weigh In On MicroCloud Hologram

Large investors have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in MicroCloud Hologram in the 1st quarter valued at about $169,000. Moody National Bank Trust Division purchased a new stake in shares of MicroCloud Hologram in the third quarter valued at about $345,000. Finally, SBI Securities Co. Ltd. raised its position in shares of MicroCloud Hologram by 52.9% during the 1st quarter. SBI Securities Co. Ltd. now owns 71,858 shares of the company's stock worth $59,000 after purchasing an additional 24,852 shares during the last quarter. 2.13% of the stock is owned by institutional investors and hedge funds.

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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