While QMMM Holdings Ltd has overperformed by 18.91%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, QMMM rose by 258.59%, with highs and lows ranging from $13.00 to $0.54, whereas the simple moving average jumped by 182.20% in the last 200 days.
Analysis of QMMM Holdings Ltd (QMMM)
Further, the quarter-over-quarter decrease in sales is -55.41%, showing a negative trend in the upcoming months.
In order to gain a clear picture of QMMM Holdings Ltd’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -71.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 6.05, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 4.72M can be a very valuable indicator of volatility for QMMM stock. On a monthly basis, the volatility of the stock is set at 12.89%, whereas on a weekly basis, it is put at 18.90%, with a gain of 52.49% over the past seven days.
How Do You Analyze QMMM Holdings Ltd Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 0.78% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
