PicoCELA (NASDAQ:PCLA) Stock Price Down 2.5% – Time to Sell?

PicoCELA Inc. (NASDAQ:PCLAGet Free Report)’s share price was down 2.5% during mid-day trading on Wednesday . The stock traded as low as $0.44 and last traded at $0.46. Approximately 121,414 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 453,349 shares. The stock had previously closed at $0.47.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded PicoCELA to a “hold” rating in a report on Saturday, July 12th.

Read Our Latest Stock Report on PicoCELA

PicoCELA Stock Down 2.5%

The company has a fifty day moving average of $1.10 and a 200 day moving average of $1.75.

Institutional Trading of PicoCELA

An institutional investor recently bought a new position in PicoCELA stock. XTX Topco Ltd acquired a new position in shares of PicoCELA Inc. (NASDAQ:PCLAFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 44,648 shares of the company’s stock, valued at approximately $72,000. XTX Topco Ltd owned 0.16% of PicoCELA as of its most recent SEC filing.

PicoCELA Company Profile

(Get Free Report)

PicoCELA, Inc engages in the manufacturing, installation, and services for enterprise wireless mesh solutions. It also offers wireless multi-hop relay devices. The company was founded by Hiroshi Furukawa on August 8, 2008 and is headquartered in Tokyo, Japan.

Further Reading

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