The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic.
QMMM Holdings Ltd saw a rather consistency, in terms of market performance.
52-week price history of QMMM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. QMMM Holdings Ltd’s current trading price is -82.62% away from its 52-week high, while its distance from the 52-week low is 318.52%. The stock’s price range during this period has varied between$0.54 and $13.00. The QMMM Holdings Ltd’s shares, which operate in the Communication Services, saw a trading volume of around 6.66 million for the day, a figure considerably higher than their average daily volume of 3.15 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
QMMM Holdings Ltd (QMMM) has experienced a quarterly rise of 225.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.89M and boasts a workforce of 28 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.14, with a change in price of +1.49. Similarly, QMMM Holdings Ltd recorded 2,327,705 in trading volume during the last 100 days, posting a change of +191.99%.
QMMM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 100.00%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 100.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 92.97% and 88.87%, respectively.
