QMMM Holdings Ltd (NASDAQ: QMMM) is -5.47% 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 $1.08 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $1.21, the stock is 50.11% and 46.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.09 million and changing 12.04% at the moment leaves the stock -69.50% off its SMA200. QMMM registered a loss of -80.76% in past 6-months.
The stock witnessed a 62.39% gain in the last 1 month and extending the period to 3 months gives it a 9.01%, and is 70.18% 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 23.22% over the week and 16.21% over the month.
QMMM Holdings Ltd (QMMM) has around 28 employees, a market worth around $20.82M and $0.35M in sales. Profit margin for the company is -58.61%. Distance from 52-week low is 124.07% and -90.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.73%).
The shares outstanding are 17.21M, and float is at 7.45M with Short Float at 3.12%.
