MicroCloud Hologram (NASDAQ:HOLO) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen lowered shares of MicroCloud Hologram (NASDAQ:HOLO) from a hold rating to a sell rating in a research report sent to investors on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of MicroCloud Hologram in a report on Friday, June 26th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

MicroCloud Hologram Stock Performance

MicroCloud Hologram stock opened at $1.76 on Friday. The firm’s 50-day moving average is $1.61 and its 200-day moving average is $1.86. MicroCloud Hologram has a 1 year low of $1.43 and a 1 year high of $7.08. The company has a market cap of $25.72 million, a P/E ratio of -0.01 and a beta of 2.90.

MicroCloud Hologram (NASDAQ:HOLO) last announced its quarterly earnings data on Thursday, August 27th. The company reported ($0.38) earnings per share for the quarter. The company had revenue of $15.73 million for the quarter.

Hedge Funds Weigh In On MicroCloud Hologram

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new stake in MicroCloud Hologram in the 4th quarter valued at about $123,000. Virtu Financial LLC bought a new position in MicroCloud Hologram in the 4th quarter worth about $98,000. Quadrature Capital Ltd bought a new position in MicroCloud Hologram in the 4th quarter worth about $64,000. Jane Street Group LLC acquired a new stake in shares of MicroCloud Hologram in the fourth quarter valued at approximately $60,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of MicroCloud Hologram in the third quarter valued at approximately $70,000. 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.