UTime Limited (NASDAQ:WTO – Get Free Report)’s share price fell 5.3% on Friday . The company traded as low as $0.95 and last traded at $0.96. 26,087 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 154,070 shares. The stock had previously closed at $1.02.
UTime Stock Down 5.3%
The business’s fifty day moving average price is $1.35 and its two-hundred day moving average price is $2.06.
Institutional Investors Weigh In On UTime
A hedge fund recently bought a new stake in UTime stock. XTX Topco Ltd purchased a new position in shares of UTime Limited (NASDAQ:WTO – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 120,771 shares of the company’s stock, valued at approximately $38,000. XTX Topco Ltd owned 0.67% of UTime at the end of the most recent quarter. Institutional investors own 1.07% of the company’s stock.
UTime Company Profile
UTime Limited, together with its subsidiaries, designs, develops, manufactures, sells, and operates mobile phones, accessories, and related consumer electronics. The company offers consumer electronics, such as power banks, bluetooth speakers, batteries, chargers, cell phone parts, molds, and shells.
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