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After finishing at $1.00 in the prior trading day, QMMM Holdings Ltd (NASDAQ: QMMM) closed at $0.92, down -8.00%. In other words, the price has decreased by -$8.00 from its previous closing price. On the day, 0.4 million shares were traded. QMMM stock price reached its highest trading level at $1.1 during the session, while it also had its lowest trading level at $0.8001.
Ratios:
Our goal is to gain a better understanding of QMMM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.39.
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 15829796 and an Enterprise Value of 15800475. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.18. Its current Enterprise Value per Revenue stands at 4.501 whereas that against EBITDA is -20.207.
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 -74.24%, while the 200-Day Moving Average is calculated to be -81.40%.
Shares Statistics:
The stock has traded on average 3.17M shares per day over the past 3-months and 1782940 shares per day over the last 10 days, according to various share statistics. A total of 15.00M shares are outstanding, with a floating share count of 7.45M. Insiders hold about 56.72% of the company’s shares, while institutions hold 0.82% stake in the company. Shares short for QMMM as of 1734048000 were 156205 with a Short Ratio of 0.05, compared to 1731628800 on 766849. Therefore, it implies a Short% of Shares Outstanding of 156205 and a Short% of Float of 1.7399999999999998.
