Look Past The Setbacks And Give MDJM Ltd (NASDAQ: MDJH) Another Chance

MDJM Ltd (NASDAQ:MDJH) currently has a daily average trading volume of 198.15K but it saw 6959978 shares traded in last market. With a market cap of 3.83M USD, the company’s current market price of $0.25 came falling about -59.32 while comparing to the previous closing price of $0.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.90 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $0.225 while lowest mark touched by it was $0.299.

Taking a look at 20-day trading activity of MDJM Ltd (MDJH) gives us an average price of $0.5892, while its current price level is -87.10% below from 52-week high level whereas it is -52.31% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7512 while that of 200 days or SMA-200 reads an average of $1.1101. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.16% during that period while stretching the period over a month that decreases to 11.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 25.31 which implies that the stock is in oversold territory.

Over the week, MDJH’s stock price is moving -58.10% down while it is -62.11% when we observe its performance for the past one month. Year-to-date it is -85.18% down and over the past year, the stock is showing a downside performance of -85.23%.

Currently, MDJM Ltd’s total number of outstanding shares is 11.68M. Company’s return on investment (ROI) stands at -41.88% and return on equity (ROE) at -41.46%. Stock’s beta reads -0.29. Stock has a price to book (P/B) ratio of 0.78 while price to sale or P/S ratio amounts to 34.80. Its return on asset (ROA) is -39.32% on average.