Nature’s Miracle Holding Inc (NASDAQ:NMHI) does about 32.99M shares in volume on a normal day but saw 4360531 shares change hands in the recent trading day. The company now has a market cap of 5.05M USD. Its current market price is $0.10, marking an increase of 1.33% compared to the previous close of $0.10. The 52 week high reached by this stock is $11.40 whilst the lowest price level in 52 weeks is $0.08.
Nature’s Miracle Holding Inc (NMHI) has a 20-day trading average at $0.1206 and the current price is -99.13% off the 52-week high compared with 23.44% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1435. If we look at the stock’s price movements over the week, volatility stands at 35.02%, which increases to 37.68% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.72 to suggest the stock is neutral.
The consensus objective for the share price is $0.70, suggesting that the stock has a potential upside of 85.71% over the period.
The current price level is -17.88%, -31.02%, and -92.07% away from its SMA20, SMA50, and SMA200 respectively, with the NMHI price moving above the 50-day SMA on current market day. Nature’s Miracle Holding Inc (NMHI) stock is up 3.66% over the week and -41.76% over the past month. Its price is -99.10% year-to-date and -99.08% over the past year.
To reach the target analysts have set, the stock logically needs to grow 85.71 percent from here.
Outstanding shares total 22.27M with insiders holding 32.38% of the shares and institutional holders owning 1.02% of the company’s common stock. The company has a return on equity of 2.93%. The price to earnings ratio (P/E ratio) amounts to 0.42.
