MicroCloud Hologram (NASDAQ:HOLO) Trading Down 8.6%

MicroCloud Hologram Inc. (NASDAQ:HOLO)’s share price fell 8.6% on Friday . The stock traded as low as $0.85 and last traded at $0.87. 7,179,341 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 11,909,558 shares. The stock had previously closed at $0.95.

MicroCloud Hologram Stock Down 14.7 %

The firm’s 50 day simple moving average is $1.62 and its two-hundred day simple moving average is $5.17.

Institutional Trading of MicroCloud Hologram

An institutional investor recently bought a new position in MicroCloud Hologram stock. BNP Paribas Financial Markets acquired a new position in MicroCloud Hologram Inc. (NASDAQ:HOLO) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,981 shares of the company’s stock, valued at approximately $27,000. BNP Paribas Financial Markets owned approximately 0.12% of MicroCloud Hologram as of its most recent SEC filing. Institutional investors own 2.13% of the company’s stock.

MicroCloud Hologram Company Profile

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.