The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. QMMM Holdings Ltd’s current trading price is -94.00% away from its 52-week high, while its distance from the 52-week low is 44.48%. The stock’s price range for this period has been between $0.54 and $13.00 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 1.98 million for the day, a number notably higher than the average daily volume of 0.71 million over the last three months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
QMMM Holdings Ltd (QMMM) has experienced a quarterly rise of 4.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.43M and boasts a workforce of 28 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.4790, with a change in price of -5.6498. Similarly, QMMM Holdings Ltd recorded 2,135,078 in trading volume during the last 100 days, posting a change of -87.87%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for QMMM stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.00.
QMMM Stock Stochastic Average
As of today, QMMM Holdings Ltd’s raw stochastic average for the last 50 days stands at 18.98%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 33.89%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 24.55% and 25.66%, respectively.
QMMM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -39.05% this year. Over the last six months, there has been a stronger performance of -84.85%. The price of QMMM fallen by 13.90% during the last 30 days period. For the last 5-days stocks have slided -9.59%.
