QMMM Holdings Ltd (NASDAQ:QMMM) does about 3.06M shares in volume on a normal day but saw 5252549 shares change hands in the recent trading day. The company now has a market cap of 15.68M USD. Its current market price is $0.91, marking an increase of 21.30% compared to the previous close of $0.75. The 52 week high reached by this stock is $13.00 whilst the lowest price level in 52 weeks is $0.54.
QMMM Holdings Ltd (QMMM) has a 20-day trading average at $0.7706 and the current price is -92.99% off the 52-week high compared with 68.70% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.7755. If we look at the stock’s price movements over the week, volatility stands at 24.26%, which decreases to 18.57% 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 36.35 to suggest the stock is neutral.
The current price level is 18.22%, -80.92%, and -82.43% away from its SMA20, SMA50, and SMA200 respectively, with the QMMM price moving above the 50-day SMA on current market day. QMMM Holdings Ltd (QMMM) stock is up 42.12% over the week and -8.90% over the past month. Its price is -77.62% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 15.00M with insiders holding 56.72% of the shares and institutional holders owning 0.82% of the company’s common stock. Price to sales ratio is 34.84.
