MicroCloud Hologram (NASDAQ:HOLO) Stock Price Down 4.4%

MicroCloud Hologram Inc. (NASDAQ:HOLOGet Free Report)’s stock price dropped 4.4% during mid-day trading on Monday . The stock traded as low as $0.35 and last traded at $0.38. Approximately 8,698,219 shares changed hands during trading, a decline of 39% from the average daily volume of 14,305,165 shares. The stock had previously closed at $0.40.

MicroCloud Hologram Stock Performance

The company has a 50-day moving average of $0.92 and a 200-day moving average of $4.76.

Institutional Trading of MicroCloud Hologram

A hedge fund recently bought a new stake in MicroCloud Hologram stock. BNP Paribas Financial Markets bought a new position in MicroCloud Hologram Inc. (NASDAQ:HOLOFree Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,981 shares of the company’s stock, valued at approximately $27,000. BNP Paribas Financial Markets owned about 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

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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.

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