MicroCloud Hologram (NASDAQ:HOLO) Stock Price Down 5.5%

MicroCloud Hologram Inc. (NASDAQ:HOLO) fell 5.5% during mid-day trading on Thursday . The stock traded as low as $0.54 and last traded at $0.55. 6,396,108 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 12,401,196 shares. The stock had previously closed at $0.59.

MicroCloud Hologram Stock Down 9.8 %

The stock has a fifty day moving average of $1.33 and a 200-day moving average of $4.97.

Hedge Funds Weigh In On MicroCloud Hologram

An institutional investor recently bought a new position in MicroCloud Hologram stock. BNP Paribas Financial Markets bought a new stake in MicroCloud Hologram Inc. (NASDAQ:HOLO) during the 1st quarter, according to the company in 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 approximately 0.12% of MicroCloud Hologram as of its most recent SEC filing. Institutional investors own 2.13% of the company’s stock.

About MicroCloud Hologram

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.