Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, QMMM Holdings Ltd’s stock clocked out at $3.86, up 4.89% from its previous closing price of $3.68. In other words, the price has increased by $4.89 from its previous closing price. On the day, 1.79 million shares were traded. QMMM stock price reached its highest trading level at $4.08 during the session, while it also had its lowest trading level at $3.4001.
Ratios:
To gain a deeper understanding of QMMM’s stock, we examine its different 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 220816304 and an Enterprise Value of 66021120. For the stock, the TTM Price-to-Sale (P/S) ratio is 189.80 while its Price-to-Book (P/B) ratio in mrq is 324.37. Its current Enterprise Value per Revenue stands at 24.468 whereas that against EBITDA is -43.132.
Stock Price History:
The Beta on a monthly basis for QMMM is -2.01, which has changed by -0.25048542 over the last 52 weeks, in comparison to a change of 0.1513431 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 88.53%, while the 200-Day Moving Average is calculated to be 132.04%.
Shares Statistics:
It appears that QMMM traded 4.71M shares on average per day over the past three months and 7143780 shares per day over the past ten days. Shares short for QMMM as of 1753920000 were 3479759 with a Short Ratio of 0.74, compared to 1751241600 on 1116081. Therefore, it implies a Short% of Shares Outstanding of 3479759 and a Short% of Float of 8.55.
