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QMMM (NASDAQ:QMMM) Hits New 1-Year High - Still a Buy?

QMMM logo with Business Services background

Key Points

  • QMMM Holdings Limited (NASDAQ:QMMM) shares reached a new 52-week high of $16.41 during trading, closing at $16.12 with a trading volume of 1,721,750 shares.
  • The company specializes in digital advertising services, providing interactive design and virtual technologies for various industries, including banking and luxury brands.
  • QMMM's 50-day and 200-day moving averages are significantly lower at $3.19 and $1.79, indicating substantial price growth recently.
  • Five stocks we like better than QMMM.

QMMM Holdings Limited (NASDAQ:QMMM - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $16.41 and last traded at $16.12, with a volume of 1721750 shares. The stock had previously closed at $11.27.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of QMMM from a "sell" rating to a "hold" rating in a report on Saturday.

View Our Latest Stock Report on QMMM

QMMM Trading Down 1.7%

The business's fifty day simple moving average is $12.40 and its 200-day simple moving average is $5.00.

QMMM Company Profile

(Get Free Report)

QMMM Holdings Ltd. engages in the provision of digital advertising services. It offers interactive design, animation, art-tech and virtual technologies used in commercial campaigns. It has worked with domestic and international banks, real estate developers, amusement parks, international athletic apparel, footwear brands, luxury cosmetic products, and international brands.

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