MicroCloud Hologram (NASDAQ:HOLO) Trading Down 6.6%

MicroCloud Hologram Inc. (NASDAQ:HOLO) shares dropped 6.6% during mid-day trading on Friday . The company traded as low as $0.60 and last traded at $0.62. Approximately 6,178,059 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 12,335,363 shares. The stock had previously closed at $0.67.

MicroCloud Hologram Stock Down 9.6 %

The business’s fifty day moving average is $1.45 and its 200-day moving average is $5.05.

Hedge Funds Weigh In On MicroCloud Hologram

A hedge fund recently bought a new stake in MicroCloud Hologram stock. BNP Paribas Financial Markets acquired a new position in MicroCloud Hologram Inc. (NASDAQ:HOLO) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,981 shares of the company’s stock, valued at approximately $27,000. BNP Paribas Financial Markets owned about 0.12% of MicroCloud Hologram at the end of the most recent quarter. 2.13% of the stock is currently owned by institutional investors and hedge funds.

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.