QMMM Holdings Ltd (NASDAQ:QMMM) concluded the trading at $1.22 on Wednesday, May 14 with a rise of 8.93% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $1.12 with its price kept floating in the range of $1.11 and $1.26 on the day. Considering stock’s 52-week price range provides that QMMM hit a high price of $13.00 and saw its price falling to a low level of $0.54 during that period. Over a period of past 1-month, stock came adding 67.12% in its value.
With its current market valuation of $21.00 million, QMMM Holdings Ltd is set to declare its quarterly results in June. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
In contrast, when we review QMMM stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the QMMM stock which is currently positioned at 0. It further provides that stock’s current price level is 47.92% away from its 20-day simple moving average and is 23.39% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 72.76 while volatility remained at 28.74% over the past week which changes to 14.25% when measuring it over the past month. Average true range or ATR is currently at 0.14.
Having a second look at QMMM Holdings Ltd (NASDAQ:QMMM) provides that stock’s average daily trading volume for 3 months was 1.12 million, while it jumped to 3152580 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 17.21 million.
The percentage of outstanding shares held by the insiders is 0.00% while it is 1.11% for the institutional holders. The figures also indicate that as of 2025-04-30, number of stock’s short shares was 0.16 million which implies a short ratio of 1.03. This shows down a 180.00 of Short Interest in company’s outstanding shares on the day. In April the standing of shares short improved as it was 0.44 million in the previous month. Subtraction of -4.69% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
