UTime Ltd’s recently made public that its Shareholder Capital Vista LTD acquired Company’s shares for reported $8.27 million on Dec 11 ’24. In the deal valued at $29.35 per share,281,746 shares were bought.
Price Performance Review of WTO
On Friday, UTime Ltd [NASDAQ:WTO] saw its stock jump 28.12% to $2.05. Over the last five days, the stock has gained 33.99%. UTime Ltd shares have fallen nearly -34.50% since the year began. Nevertheless, the stocks have fallen -96.57% over the past one year. While a 52-week high of $622.50 was reached on 01/06/25, a 52-week low of $1.06 was recorded on 04/07/25. SMA at 50 days reached $1.99, while 200 days put it at $60.38.
Levels Of Support And Resistance For WTO Stock
The 24-hour chart illustrates a support level at 1.71, which if violated will result in even more drops to 1.36. On the upside, there is a resistance level at 2.35. A further resistance level may holdings at 2.64. The Relative Strength Index (RSI) on the 14-day chart is 57.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.66%. Stochastics %K at 50.52% indicates the stock is a holding.
How much short interest is there in UTime Ltd?
A steep rise in short interest was recorded in UTime Ltd stocks on 2025-04-15, growing by 43759.0 shares to a total of 74449.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 30690.0 shares. There was a rise of 58.78%, which implies that there is a positive sentiment for the stock.
