QMMM Holdings Ltd [NASDAQ: QMMM] stock went on an upward path that rose over 11601204% on Monday, amounting to a one-week price increase of more than 17.20%.
Over the last 12 months, QMMM stock dropped by -9.38%.
The market cap for the stock reached $19.96 million, with 17.21 million shares outstanding and 17.21 million shares in the current float. Compared to the average trading volume of 1.12M shares, QMMM stock reached a trading volume of 11601204 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on QMMM Holdings Ltd [QMMM]:
The Price to Book ratio for the last quarter was 29.33, with the Price to Cash per share for the same quarter was set at 0.00.
QMMM Stock Performance Analysis:
QMMM Holdings Ltd [QMMM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.20. With this latest performance, QMMM shares dropped by -13.43% in over the last four-week period, additionally plugging by 81.25% over the last 6 months – not to mention a drop of -9.38% in the past year of trading.
Insight into QMMM Holdings Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and QMMM Holdings Ltd [QMMM] shares currently have an operating margin of -58.05% and a Gross Margin at 8.08%. QMMM Holdings Ltd’s Net Margin is presently recorded at -58.61%.
Return on Equity for this stock declined to -43.96%, with Return on Assets sitting at -43.96%.
QMMM Holdings Ltd [QMMM] Institutonal Ownership Details
There are presently around $1.31%, or 4.84%% of QMMM stock, in the hands of institutional investors.
