Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of QMMM Holdings Ltd (NASDAQ: QMMM) closed at $1.36 in the last session, up 2.26% from day before closing price of $1.33. In other words, the price has increased by $2.26 from its previous closing price. On the day, 1.94 million shares were traded. QMMM stock price reached its highest trading level at $1.36 during the session, while it also had its lowest trading level at $1.2499.
Ratios:
We take a closer look at QMMM’s different ratios to gain a better understanding of the stock. 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 23400568 and an Enterprise Value of 23005264. For the stock, the TTM Price-to-Sale (P/S) ratio is 66.87 while its Price-to-Book (P/B) ratio in mrq is 34.39. Its current Enterprise Value per Revenue stands at 8.526 whereas that against EBITDA is -15.029.
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 38.49%, while the 200-Day Moving Average is calculated to be -57.22%.
Shares Statistics:
According to the various share statistics, QMMM traded on average about 1.18M shares per day over the past 3-months and 3772830 shares per day over the past 10 days. A total of 17.21M shares are outstanding, with a floating share count of 17.21M. Insiders hold about 0.00% of the company’s shares, while institutions hold 1.18% stake in the company. Shares short for QMMM as of 1745971200 were 161398 with a Short Ratio of 0.37, compared to 1743379200 on 440833. Therefore, it implies a Short% of Shares Outstanding of 161398 and a Short% of Float of 1.7999999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
