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Nature’s Miracle Holding Inc (NMHI) Is Down -99.12% in 2024 With Lots of Room to Run

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Nature’s Miracle Holding Inc (NASDAQ: NMHI) is -99.12% lower on its value in year-to-date trading and has touched a low of $0.08 and a high of $11.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NMHI stock was last observed hovering at around $0.11 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $0.10, the stock is -37.31% and -37.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.12 million and changing -14.07% at the moment leaves the stock -94.59% off its SMA200. NMHI registered -99.09% loss for a year compared to 6-month loss of -88.80%. The firm has a 50-day simple moving average (SMA 50) of $0.1573 and a 200-day simple moving average (SMA200) of $1.84847.

The stock witnessed a -33.03% gain in the last 1 month and extending the period to 3 months gives it a -40.25%, and is -28.86% down 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 37.54% over the week and 17.98% over the month.

Nature’s Miracle Holding Inc (NMHI) has around 12 employees, a market worth around $3.52M and $0.00M in sales. Current P/E ratio is 0.42. Distance from 52-week low is 21.07% and -99.15% from its 52-week high.

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Nature’s Miracle Holding Inc (NMHI) Top Institutional Holders

The shares outstanding are 22.27M, and float is at 13.25M with Short Float at 1.61%.

Nature’s Miracle Holding Inc (NMHI) Insider Activity

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