Nature’s Miracle Holding Inc [NASDAQ: NMHI] stock went on a downward path that fall over -14.36% on Wednesday, amounting to a one-week price decrease of less than -18.78%.
Over the last 12 months, NMHI stock dropped by -99.47%. The one-year Nature’s Miracle Holding Inc stock forecast points to a potential upside of 91.76. The average equity rating for NMHI stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.37 million, with 1.05 million shares outstanding and 0.80 million shares in the current float. Compared to the average trading volume of 1.79M shares, NMHI stock reached a trading volume of 445949 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Nature’s Miracle Holding Inc [NMHI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NMHI shares is $21.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NMHI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
NMHI Stock Performance Analysis:
Nature’s Miracle Holding Inc [NMHI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.78. With this latest performance, NMHI shares dropped by -32.42% in over the last four-week period, additionally sinking by -86.49% over the last 6 months – not to mention a drop of -99.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NMHI stock in for the last two-week period is set at 37.91, with the RSI for the last a single of trading hit 33.18, and the three-weeks RSI is set at 39.79 for Nature’s Miracle Holding Inc [NMHI]. The present Moving Average for the last 50 days of trading for this stock 2.57, while it was recorded at 1.98 for the last single week of trading, and 11.54 for the last 200 days.
Insight into Nature’s Miracle Holding Inc Fundamentals:
Nature’s Miracle Holding Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.24 and a Current Ratio set at 0.41.
