MicroCloud Hologram (NASDAQ:HOLO) Shares Down 12.8%

MicroCloud Hologram Inc. (NASDAQ:HOLO) traded down 12.8% during trading on Wednesday . The stock traded as low as $0.50 and last traded at $0.51. 16,159,889 shares traded hands during 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 Performance

The business has a fifty day moving average of $1.20 and a two-hundred day moving average of $4.90.

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 position in shares of MicroCloud Hologram Inc. (NASDAQ:HOLO) in the first quarter, according to the company in its most recent Form 13F filing 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 filing with the Securities & Exchange Commission. Hedge funds and other 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.