MicroCloud Hologram (NASDAQ:HOLO) Shares Up 24.1% – Time to Buy?

Shares of MicroCloud Hologram Inc. (NASDAQ:HOLOGet Free Report) traded up 24.1% on Thursday . The company traded as high as $6.60 and last traded at $6.12. 30,896,721 shares traded hands during trading, an increase of 735% from the average session volume of 3,700,983 shares. The stock had previously closed at $4.93.

MicroCloud Hologram Stock Down 21.7 %

The company’s fifty day simple moving average is $2.43 and its two-hundred day simple moving average is $6.80.

Institutional Trading of MicroCloud Hologram

Several large investors have recently modified their holdings of HOLO. Commonwealth Equity Services LLC lifted its position in shares of MicroCloud Hologram by 1,122.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company’s stock worth $351,000 after buying an additional 393,000 shares during the last quarter. Jane Street Group LLC raised its stake in MicroCloud Hologram by 336.3% during the third quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock worth $152,000 after acquiring an additional 325,785 shares in the last quarter. Finally, XTX Topco Ltd lifted its holdings in shares of MicroCloud Hologram by 1,488.2% in the third quarter. XTX Topco Ltd now owns 174,637 shares of the company’s stock worth $63,000 after acquiring an additional 163,641 shares during the last quarter. 2.13% of the stock is owned by institutional investors and hedge funds.

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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