QMMM Holdings Ltd (NASDAQ:QMMM) currently has a daily average trading volume of 1.13M but it saw 2913490 shares traded in last market. With a market cap of 10.04M USD, the company’s current market price of $0.58 came falling about -18.09 while comparing to the previous closing price of $0.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.00 and as low as $0.67. In the recent trading on the day, stock has struck highest price mark of $0.5401 while lowest mark touched by it was $0.64.
Taking a look at 20-day trading activity of QMMM Holdings Ltd (QMMM) gives us an average price of $8.0243, while its current price level is -95.51% below from 52-week high level whereas it is -12.31% 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 $7.5837. A closer look into the stock’s movement over the week reveals that its volatility is standing at 99.32% during that period while stretching the period over a month that decreases to 48.87%. 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 28.23 which implies that the stock is in oversold territory.
Over the week, QMMM’s stock price is moving -93.09% down while it is -93.94% when we observe its performance for the past one month. Year-to-date it is -85.67% down and over the past year.
The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, QMMM Holdings Ltd’s total number of outstanding shares is 17.15M with 56.72% of that held by the insiders while 0.82% of its common stock has been owned by the institutions. Stock has a price to sale or P/S ratio amounts to 22.30. Its return on asset (ROA) is -62.74% on average.
