MicroCloud Hologram (NASDAQ:HOLO) Stock Price Down 2.5%

MicroCloud Hologram Inc. (NASDAQ:HOLO) traded down 2.5% during trading on Friday . The company traded as low as $0.49 and last traded at $0.52. 7,934,429 shares were traded during mid-day trading, a decline of 43% from the average session volume of 13,956,724 shares. The stock had previously closed at $0.53.

MicroCloud Hologram Price Performance

The firm has a 50 day moving average price of $1.14 and a two-hundred day moving average price of $4.84.

Institutional Investors Weigh In On MicroCloud Hologram

A hedge fund recently bought a new stake in MicroCloud Hologram stock. BNP Paribas Financial Markets purchased a new stake in shares of MicroCloud Hologram Inc. (NASDAQ:HOLO) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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.

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.