QMMM Holdings Ltd (NASDAQ:QMMM) does about 2.89M shares in volume on a normal day but saw 1731492 shares change hands in the recent trading day. The company now has a market cap of 31.32M USD. Its current market price is $1.82, marking an increase of 5.20% compared to the previous close of $1.73. 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 $1.3594 and the current price is -86.00% off the 52-week high compared with 237.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2105 and its 200-day simple moving average is $2.4802. If we look at the stock’s price movements over the week, volatility stands at 14.83%, which decreases to 12.10% 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 72.74 to suggest the stock is overbought.
The current price level is 33.88%, 50.35%, and -26.62% 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 22.97% over the week and 80.20% over the past month. Its price is 42.19% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 48.95M with insiders holding 3.08% of the shares and institutional holders owning 0.41% of the company’s common stock. The company has a return on investment of -29.73% and return on equity of -71.80%. The beta has a value of -2.34. Price to book ratio is 152.94 and price to sales ratio is 89.49.
