UTime (NASDAQ:WTO) Stock Price Up 2.2% – Should You Buy?

UTime Limited (NASDAQ:WTOGet Free Report)’s share price rose 2.2% on Friday . The stock traded as high as $0.28 and last traded at $0.27. Approximately 308,861 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 881,147 shares. The stock had previously closed at $0.27.

UTime Price Performance

The company’s fifty day moving average is $0.30 and its two-hundred day moving average is $4.78.

Institutional Trading of UTime

A hedge fund recently bought a new stake in UTime stock. XTX Topco Ltd bought a new stake in UTime Limited (NASDAQ:WTOFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 120,771 shares of the company’s stock, valued at approximately $38,000. XTX Topco Ltd owned about 0.67% of UTime as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 1.07% of the company’s stock.

About UTime

(Get Free Report)

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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