Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. QMMM Holdings Ltd’s current trading price is -91.85% away from its 52-week high, while its distance from the 52-week low is 96.30%. The stock’s price range over this period has fluctuated between $0.54 and $13.00. The company, operating within the financial sector, had a trading volume of approximately 0.83 million for the day, which was noticeably lower than the average daily share volume of 0.91 million over the last 3 months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
QMMM Holdings Ltd (QMMM) has experienced a quarterly rise of 76.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.24M 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 2.2559, with a change in price of -8.3000. Similarly, QMMM Holdings Ltd recorded 2,302,418 in trading volume during the last 100 days, posting a change of -88.68%.
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
Today, QMMM Holdings Ltd’s raw stochastic average for the past 50 days stands at 29.17%, indicating a rise from the raw stochastic average of the last 20 days, which was 28.67%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 39.40% and 41.81% respectively.
QMMM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -17.19% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -81.17%. Over the past 30 days, the price of QMMM has fallen by 40.56%. And in the last five days, it has fallen by -27.40%.
