QMMM Holdings Ltd [NASDAQ: QMMM] surged by $1749998.74 during the normal trading session on Monday and reaching a high of $1.43 during the day while it closed the day at $1750000.0.
The market cap for QMMM stock reached $24.09 million, with 17.21 million shares outstanding and 17.21 million shares in the current float. Compared to the average trading volume of 1.75M shares, QMMM reached a trading volume of 10062805 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about QMMM Holdings Ltd [QMMM]:
The Price to Book ratio for the last quarter was 35.40, with the Price to Cash per share for the same quarter was set at 0.00.
QMMM stock trade performance evaluation
QMMM Holdings Ltd [QMMM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.69. With this latest performance, QMMM shares gained by 7.69% in over the last four-week period, additionally plugging by 133.33% over the last 6 months – not to mention a rise of 9.38% in the past year of trading.
QMMM Holdings Ltd [QMMM]: An insightful look at the core 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]: Institutional Ownership
There are presently around $0.41%, or 0.43% of QMMM stock, in the hands of institutional investors.
