MicroCloud Hologram (NASDAQ:HOLO) Stock Price Down 12.8%

MicroCloud Hologram Inc. (NASDAQ:HOLO)’s share price fell 12.8% on Wednesday . The stock traded as low as $0.50 and last traded at $0.51. 16,159,889 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 13,492,309 shares. The stock had previously closed at $0.58.

MicroCloud Hologram Stock Down 0.0 %

The company’s fifty day simple moving average is $1.14 and its two-hundred day simple moving average is $4.84.

Institutional Inflows and Outflows

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