A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. QMMM Holdings Ltd’s current trading price is -93.64% away from its 52-week high, while its distance from the 52-week low is 53.17%. The stock’s price range for this time frame has been between $0.54 and $13.00. The trading volume of the company’s shares in the Communication Services reached around 2.12 million for the day, which was evidently higher than the average daily volume of 0.64 million over the last three months.
How Financial Performance Impacts Market Capitalization
QMMM Holdings Ltd (QMMM) has experienced a quarterly rise of 11.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.23M and boasts a workforce of 28 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8822, with a change in price of +0.0680. Similarly, QMMM Holdings Ltd recorded 668,247 in trading volume during the last 100 days, posting a change of +9.29%.
How QMMM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
The raw stochastic average for QMMM Holdings Ltd over the last 50 days is presently at 11.11%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 76.19%. Further, the company’s Stochastic %K and %D values for the last 20 days were 63.54% and 53.13%, respectively.
QMMM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant loss of -35.38% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -93.10%. Over the past 30 days, the price of QMMM has fallen by 11.77%. And in the last five days, it has surged by 13.30%.
