Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
QMMM Holdings Ltd (NASDAQ: QMMM) closed the day trading at $207.0 up 1736.73% from the previous closing price of $11.27. In other words, the price has increased by $1736.73 from its previous closing price. On the day, 13.91 million shares were traded. QMMM stock price reached its highest trading level at $303.0 during the session, while it also had its lowest trading level at $8.2.
Ratios:
For a better understanding of QMMM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.98 and its Current Ratio is at 6.98. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QMMM now has a Market Capitalization of 11841703936 and an Enterprise Value of 3561556480. For the stock, the TTM Price-to-Sale (P/S) ratio is 14843.63 while its Price-to-Book (P/B) ratio in mrq is 23603.19. Its current Enterprise Value per Revenue stands at 1898.229 whereas that against EBITDA is -1268.087.
Stock Price History:
The Beta on a monthly basis for QMMM is -1.80, which has changed by 30.057764 over the last 52 weeks, in comparison to a change of 0.1725707 over the same period for the S&P500. Over the past 52 weeks, QMMM has reached a high of $13.00, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is 2765.81%, while the 200-Day Moving Average is calculated to be 8116.78%.
Shares Statistics:
Over the past 3-months, QMMM traded about 4.93M shares per day on average, while over the past 10 days, QMMM traded about 3959040 shares per day. Shares short for QMMM as of 1755216000 were 7946965 with a Short Ratio of 1.61, compared to 1752537600 on 1971838. Therefore, it implies a Short% of Shares Outstanding of 7946965 and a Short% of Float of 19.530001.