In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, QMMM Holdings Ltd (NASDAQ: QMMM) closed at $2.81 up 1.44% from its previous closing price of $2.77. In other words, the price has increased by $1.44 from its previous closing price. On the day, 4.99 million shares were traded. QMMM stock price reached its highest trading level at $2.84 during the session, while it also had its lowest trading level at $2.73.
Ratios:
For a deeper understanding of QMMM Holdings Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.05 and its Current Ratio is at 6.05. In the meantime, Its Debt-to-Equity ratio is 0.03 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 160749696 and an Enterprise Value of 47954460. For the stock, the TTM Price-to-Sale (P/S) ratio is 138.17 while its Price-to-Book (P/B) ratio in mrq is 236.13. Its current Enterprise Value per Revenue stands at 17.773 whereas that against EBITDA is -31.329.
Stock Price History:
The Beta on a monthly basis for QMMM is -1.83, which has changed by -0.32775122 over the last 52 weeks, in comparison to a change of 0.15005577 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 54.76%, while the 200-Day Moving Average is calculated to be 54.10%.
Shares Statistics:
For the past three months, QMMM has traded an average of 4.31M shares per day and 6459100 over the past ten days. Shares short for QMMM as of 1753920000 were 3479759 with a Short Ratio of 0.81, compared to 1751241600 on 1116081. Therefore, it implies a Short% of Shares Outstanding of 3479759 and a Short% of Float of 8.55.
