QMMM Holdings Ltd. (NASDAQ: QMMM) is 47.91% higher on its value in year-to-date trading and has touched a low of $3.00 and a high of $7.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The QMMM stock was last observed hovering at around $5.87 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $6.02, the stock is 26.20% and 33.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 2.56% at the moment leaves the stock 33.75% off its SMA200.
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The stock witnessed a 42.99% in the last 1 month, and is 16.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 32.65% over the week and 14.87% over the month.
QMMM Holdings Ltd. (QMMM) has around 28 employees, a market worth around $103.60M and $0.45M in sales. Profit margin for the company is -23.49%. Distance from 52-week low is 100.67% and -21.82% from its 52-week high.
