MicroCloud Hologram (NASDAQ:HOLO) Shares Down 10.2%

MicroCloud Hologram Inc. (NASDAQ:HOLO) fell 10.2% during trading on Friday . The company traded as low as $2.20 and last traded at $2.29. 8,906,033 shares were traded during trading, an increase of 12% from the average session volume of 7,952,495 shares. The stock had previously closed at $2.55.

MicroCloud Hologram Trading Down 10.2 %

The company’s fifty day moving average price is $4.58 and its two-hundred day moving average price is $6.49.

Hedge Funds Weigh In On MicroCloud Hologram

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

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.