MicroCloud Hologram (NASDAQ:HOLO) Announces Earnings Results

MicroCloud Hologram (NASDAQ:HOLO) issued its earnings results on Friday. The company reported ($3.37) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $17.71 million during the quarter.

MicroCloud Hologram Trading Down 2.6%

NASDAQ HOLO opened at $1.91 on Friday. The firm has a market cap of $27.83 million, a PE ratio of 0.00 and a beta of 3.27. MicroCloud Hologram has a 1-year low of $1.85 and a 1-year high of $36.80. The stock has a 50-day moving average of $2.27 and a 200-day moving average of $3.33.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of MicroCloud Hologram in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On MicroCloud Hologram

A number of large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. bought a new stake in MicroCloud Hologram in the third quarter valued at approximately $34,000. Qube Research & Technologies Ltd bought a new position in shares of MicroCloud Hologram in the third quarter worth approximately $70,000. Jane Street Group LLC purchased a new position in shares of MicroCloud Hologram in the fourth quarter worth $60,000. Quadrature Capital Ltd bought a new stake in MicroCloud Hologram during the 4th quarter valued at $64,000. Finally, Virtu Financial LLC bought a new stake in MicroCloud Hologram during the 4th quarter valued at $98,000. 2.13% of the stock is owned by hedge funds and other institutional investors.

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.