QMMM Holdings Ltd (NASDAQ:QMMM) does about 741.05K shares in volume on a normal day but saw 2040835 shares change hands in the recent trading day. The company now has a market cap of 25.30M USD. Its current market price is $1.47, marking an increase of 8.89% compared to the previous close of $1.35. 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 $0.8731 and the current price is -88.69% off the 52-week high compared with 172.22% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8571. If we look at the stock’s price movements over the week, volatility stands at 21.72%, which decreases to 16.75% 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 75.87 to suggest the stock is overbought.
The current price level is 68.37%, 71.50%, and -62.65% away from its SMA20, SMA50, and SMA200 respectively, with the QMMM price moving below the 50-day SMA on current market day. QMMM Holdings Ltd (QMMM) stock is up 60.66% over the week and 98.73% over the past month. Its price is 14.84% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 17.21M with insiders holding 65.48% of the shares and institutional holders owning 1.06% of the company’s common stock. The company has a return on investment of -29.73% and return on equity of -71.80%. Price to book ratio is 37.17 and price to sales ratio is 72.28.
