Nature’s Miracle Holding Inc [NASDAQ: NMHI] traded at a high on Tuesday, posting a 35.40 gain after which it closed the day’ session at $1.53.
The results of the trading session contributed to over 164623056 shares changing hands. Over the past one week, the price volatility of Nature’s Miracle Holding Inc stands at 53.70% while the volatility over the past one month is 22.86%.
The market cap for NMHI stock reached $2.98 million, with 1.05 million shares outstanding and 0.80 million shares in the current float. Compared to the average trading volume of 1.78M shares, NMHI reached a trading volume of 164623056 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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.
How has NMHI stock performed recently?
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 -21.13. With this latest performance, NMHI shares dropped by -35.17% in over the last four-week period, additionally sinking by -88.52% over the last 6 months – not to mention a drop of -99.54% 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 39.78, with the RSI for the last a single of trading hit 39.04, and the three-weeks RSI is set at 40.47 for Nature’s Miracle Holding Inc [NMHI]. The present Moving Average for the last 50 days of trading for this stock 2.4323, while it was recorded at 1.6480 for the last single week of trading, and 11.1728 for the last 200 days.
Nature’s Miracle Holding Inc [NMHI]: Deeper insight into the 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.
