Shares of UTime Limited (NASDAQ:WTO – Get Free Report) traded up 2.2% during trading on Friday . The stock traded as high as $0.28 and last traded at $0.27. 308,861 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 881,147 shares. The stock had previously closed at $0.27.
UTime Price Performance
The company’s 50-day simple moving average is $0.30 and its 200 day simple moving average is $4.78.
Hedge Funds Weigh In On UTime
An institutional investor recently bought a new position in UTime stock. XTX Topco Ltd purchased a new stake in UTime Limited (NASDAQ:WTO – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 120,771 shares of the company’s stock, valued at approximately $38,000. XTX Topco Ltd owned 0.67% of UTime as of its most recent SEC filing. Hedge funds and other 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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