Nature’s Miracle Holding Inc. (NASDAQ:NMHI) shares, rose in value, with the stock price down by -13.27% to the previous day’s close as strong demand from buyers drove the stock to $0.11.
Actively observing the price movement in the last trading, the stock closed the session at $0.13, falling within a range of $0.0802 and $0.1293. The value of beta (5-year monthly) was -0.75 whereas the PE ratio was 0.49 over 12-month period. Referring to stock’s 52-week performance, its high was $11.40, and the low was $0.13. On the whole, NMHI has fluctuated by -19.15% over the past month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
With the market capitalization of Nature’s Miracle Holding Inc. currently standing at about $3.62 million, investors are eagerly awaiting this quarter’s results, scheduled for in November.
The stock’s technical analysis shows that the price of NMHI currently trading nearly -28.49% and -28.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.13, while the 7-day volatility ratio is showing 20.78% which for the 30-day chart, stands at 13.71%. Furthermore, Nature’s Miracle Holding Inc. (NMHI)’s average true range (ATR) is 0.02.
A comparison of Nature’s Miracle Holding Inc. (NMHI) with its peers suggests the former has fared considerably weaker in the market. NMHI showed an intraday change of -13.27% in last session, and over the past year, it shrunk by -98.93%%.
Data on historical trading for Nature’s Miracle Holding Inc. (NASDAQ:NMHI) indicates that the trading volumes over the past 10 days have averaged 0.75 and over the past 3 months, they’ve averaged 2.44 million. According to company’s latest data on outstanding shares, there are 22.27 million shares outstanding.
Nearly 58.10% of Nature’s Miracle Holding Inc.’s shares belong to company insiders and institutional investors own 0.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.21 million shares as on 2024-10-15, resulting in a short ratio of 0.04. According to the data, the short interest in Nature’s Miracle Holding Inc. (NMHI) stood at 156.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 0.28 million. The stock has fallen by -98.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NMHI stock heading into the next quarter.
