QMMM Holdings Ltd (NASDAQ: QMMM) is -81.57% lower on its value in year-to-date trading and has touched a low of $0.54 and a high of $13.00 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 QMMM stock was last observed hovering at around $0.58 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $0.75, the stock is -90.12% and -89.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.95 million and changing 28.58% at the moment leaves the stock -88.10% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $7.4749 and a 200-day simple moving average (SMA200) of $6.299778.
The stock witnessed a -91.89% in the last 1 month and extending the period to 3 months gives it a -85.44%, and is -89.77% 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 104.20% over the week and 51.34% over the month.
QMMM Holdings Ltd (QMMM) has around 28 employees, a market worth around $12.91M and $0.45M in sales. Profit margin for the company is -23.49%. Distance from 52-week low is 38.87% and -94.23% from its 52-week high.
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QMMM Holdings Ltd (QMMM) Top Institutional Holders
The shares outstanding are 17.15M, and float is at 7.45M with Short Float at 4.00%.
QMMM Holdings Ltd (QMMM) Insider Activity
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