Ideas And Forecasts On MDJM Ltd (NASDAQ: MDJH)

MDJM Ltd (NASDAQ:MDJH) currently has a daily average trading volume of 352.70K but it saw 173143250 shares traded in last market. With a market cap of 3.05M USD, the company’s current market price of $0.19 came rising about 29.74 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.90 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.1665 while lowest mark touched by it was $0.248.

Taking a look at 20-day trading activity of MDJM Ltd (MDJH) gives us an average price of $0.4740, while its current price level is -89.74% below from 52-week high level whereas it is 36.08% 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 $0.6590 while that of 200 days or SMA-200 reads an average of $1.0798. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.75% during that period while stretching the period over a month that decreases to 16.84%. 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 27.32 which implies that the stock is in oversold territory.

Over the week, MDJH’s stock price is moving -20.44% down while it is -68.04% when we observe its performance for the past one month. Year-to-date it is -88.21% down and over the past year, the stock is showing a downside performance of -89.34%.

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 -0.28. Stock has a price to book (P/B) ratio of 0.62 while price to sale or P/S ratio amounts to 27.72. Its return on asset (ROA) is -39.32% on average.