Ideas And Forecasts On Nature’s Miracle Holding Inc (NASDAQ: NMHI)

Nature’s Miracle Holding Inc (NASDAQ:NMHI) currently has a daily average trading volume of 2.99M but it saw 419365105 shares traded in last market. With a market cap of 4.69M USD, the company’s current market price of $0.15 came rising about 52.84 while comparing to the previous closing price of $0.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.40 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.1093 while lowest mark touched by it was $0.4376.

Taking a look at 20-day trading activity of Nature’s Miracle Holding Inc (NMHI) gives us an average price of $0.1443, while its current price level is -98.70% below from 52-week high level whereas it is 84.66% 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 $0.1521. A closer look into the stock’s movement over the week reveals that its volatility is standing at 83.50% during that period while stretching the period over a month that decreases to 29.54%. 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 52.19 which implies that the stock is in neutral territory.

Over the week, NMHI’s stock price is moving 50.20% up while it is -23.90% when we observe its performance for the past one month. Year-to-date it is -98.65% down and over the past year, the stock is showing a downside performance of -98.61%.

Currently, Nature’s Miracle Holding Inc’s total number of outstanding shares is 22.27M. Company’s return on equity (ROE) at 2.93%. It has a price to earnings ratio (P/E ratio) of 0.64. Its return on asset (ROA) is 2.76% on average.