Market Update: QMMM Holdings Ltd (QMMM) Sees Positive Movement, Closing at 0.71

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In the latest session, QMMM Holdings Ltd (NASDAQ: QMMM) closed at $0.71 up 4.09% from its previous closing price of $0.68. In other words, the price has increased by $4.09 from its previous closing price. On the day, 0.6 million shares were traded. QMMM stock price reached its highest trading level at $0.7547 during the session, while it also had its lowest trading level at $0.6506.

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 12178619 and an Enterprise Value of 11756984. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.80 while its Price-to-Book (P/B) ratio in mrq is 17.90. Its current Enterprise Value per Revenue stands at 3.349 whereas that against EBITDA is -15.036.

Stock Price History:

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 -14.30%, while the 200-Day Moving Average is calculated to be -83.53%.

Shares Statistics:

For the past three months, QMMM has traded an average of 2.92M shares per day and 232830 over the past ten days. A total of 17.21M shares are outstanding, with a floating share count of 7.45M. Insiders hold about 56.72% of the company’s shares, while institutions hold 0.91% stake in the company. Shares short for QMMM as of 1735603200 were 501127 with a Short Ratio of 0.03, compared to 1732838400 on 491524. Therefore, it implies a Short% of Shares Outstanding of 501127 and a Short% of Float of 5.5999998.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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