QMMM Holdings Ltd (NASDAQ: QMMM) Could Post Excellent Profits?

In the last trading session, 1.45 million shares of the QMMM Holdings Ltd (NASDAQ:QMMM) were traded, and its beta was -1.71. Most recently the company’s share price was $2.36, and it changed around -$0.01 or -0.42% from the last close, which brings the market valuation of the company to $40.62M. QMMM currently trades at a discount to its 52-week high of $13.00, offering almost -450.85% off that amount. The share price’s 52-week low was $0.54, which indicates that the current value has risen by an impressive 77.12% since then. We note from QMMM Holdings Ltd’s average daily trading volume that its 10-day average is 4.08 million shares, with the 3-month average coming to 3.46 million.

QMMM Holdings Ltd (NASDAQ:QMMM) trade information

Instantly QMMM has showed a red trend with a performance of -0.42% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.38 on recent trading dayincreased the stock’s daily price by 0.84%. The company’s shares are currently down -41.00% year-to-date, but still up 4.42% over the last five days. On the other hand, QMMM Holdings Ltd (NASDAQ:QMMM) is 90.32% up in the 30-day period. We can see from the shorts that 1.97 million shares have been sold at a short interest cover period of 0.31 day(s).

QMMM Dividends

QMMM Holdings Ltd’s next quarterly earnings report is expected to be released in August.

QMMM Holdings Ltd (NASDAQ:QMMM)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 3.08% of QMMM Holdings Ltd shares, and 0.41% of them are in the hands of institutional investors. The stock currently has a share float of 0.42%.

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