QMMM Holdings Ltd (NASDAQ: QMMM) is -42.18% 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 $2.36 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $2.33, the stock is 22.41% and 58.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing -1.27% at the moment leaves the stock 2.99% off its SMA200. QMMM registered 82.03% gain for a year compared to 6-month gain of 240.15%. The firm has a 50-day simple moving average (SMA 50) of $1.46586 and a 200-day simple moving average (SMA200) of $2.26242.
The stock witnessed a 80.62% loss in the last 1 month and extending the period to 3 months gives it a 219.18%, and is 5.91% 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 6.41% over the week and 12.31% over the month.
QMMM Holdings Ltd (QMMM) has around 28 employees, a market worth around $40.10M and $0.35M in sales. Profit margin for the company is -58.61%. Distance from 52-week low is 331.48% and -82.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.73%).
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QMMM Holdings Ltd (QMMM) Top Institutional Holders
5.0 institutions hold shares in QMMM Holdings Ltd (QMMM), with institutional investors hold 0.42% of the company’s shares. Institutions hold 0.41% of the Float.
