MultiMetaVerse (NASDAQ:MMV) Stock Price Down 1% – Time to Sell?

MultiMetaVerse Holdings Limited (NASDAQ:MMV) shares fell 1% during trading on Thursday . The stock traded as low as $0.98 and last traded at $1.00. 170,540 shares traded hands during trading, a decline of 78% from the average session volume of 789,815 shares. The stock had previously closed at $1.01.

MultiMetaVerse Stock Up 5.5 %

The business’s fifty day moving average is $0.56 and its two-hundred day moving average is $0.55.

Institutional Investors Weigh In On MultiMetaVerse

An institutional investor recently bought a new position in MultiMetaVerse stock. Renaissance Technologies LLC purchased a new position in shares of MultiMetaVerse Holdings Limited (NASDAQ:MMV) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 42,100 shares of the company’s stock, valued at approximately $25,000. Renaissance Technologies LLC owned about 0.13% of MultiMetaVerse at the end of the most recent reporting period.

About MultiMetaVerse

MultiMetaVerse Holdings Limited operates as an animation and entertainment company in the People’s Republic of China. The company offers a product portfolio, including animated content, comic books, short videos, collectibles, stationery, consumer products, and mobile games under the Aotu World brand, as well as action figures, stuffed dolls, apparel, costumes, trading cards, and other collectible functional items.