The trading price of QMMM Holdings Ltd (NASDAQ:QMMM) floating higher at last check on current market day and closing at $0.95, 6.73% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $13.00 and a 52-week low of $0.54. Over the past month, the stock has gained 22.10% in value.
QMMM Holdings Ltd, whose market valuation is $16.35 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that QMMM’s price is currently 22.38% off the SMA20 and 17.12% off the SMA50. The RSI metric on the 14-day chart is currently showing 57.55, and weekly volatility stands at 16.17%. When measured over the past 30 days, the indicator reaches 14.97%. QMMM Holdings Ltd (NASDAQ:QMMM)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.13.
To see how QMMM Holdings Ltd stock has been performing today in comparison to its peers in the industry, here are the numbers: QMMM stock’s performance was 6.73% in the latest trading.
An evaluation of the daily trading volume of QMMM Holdings Ltd (NASDAQ:QMMM) indicates that the 3-month average is 627.92K.
Currently, records show that 17.21 million of the company’s shares remain outstanding. The insiders hold 56.72% of outstanding shares, whereas institutions hold 1.06%. However, since the stock’s price has seen -25.79% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
