Putting The Spotlight On QMMM Holdings Ltd (QMMM)

QMMM Holdings Ltd (NASDAQ:QMMM) currently has a daily average trading volume of 2.92M but it saw 5213239 shares traded in last market. With a market cap of 21.68M USD, the company’s current market price of $1.26 came rising about 26.00 while comparing to the previous closing price of $1.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.00 and as low as $0.54. In the recent trading on the day, stock has struck highest price mark of $1.02 while lowest mark touched by it was $1.26.

Taking a look at 20-day trading activity of QMMM Holdings Ltd (QMMM) gives us an average price of $6.3618, while its current price level is -90.31% below from 52-week high level whereas it is 133.33% 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 $7.2081. A closer look into the stock’s movement over the week reveals that its volatility is standing at 45.43% during that period while stretching the period over a month that increases to 55.76%. 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 31.93 which implies that the stock is in neutral territory.

Over the week, QMMM’s stock price is moving 76.97% up while it is -86.45% when we observe its performance for the past one month. Year-to-date it is -69.04% down and over the past year.

Currently, QMMM Holdings Ltd’s total number of outstanding shares is 17.15M. Stock has a price to sale or P/S ratio amounts to 48.19. Its return on asset (ROA) is -62.74% on average.