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QMMM (NASDAQ:QMMM) Shares Gap Up - What's Next?

QMMM logo with Business Services background

Key Points

  • QMMM Holdings Limited saw its share price jump from a previous close of $89.02 to an opening price of $94.99, with a last trading price of $91.75 as of Friday.
  • Wall Street Zen upgraded QMMM from a "sell" to a "hold" rating in a recent research note, indicating a shift in analyst sentiment.
  • The company's services include digital advertising, interactive design, and virtual technologies, catering to various sectors including finance, real estate, and luxury brands.
  • Five stocks to consider instead of QMMM.

Shares of QMMM Holdings Limited (NASDAQ:QMMM - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $89.02, but opened at $94.99. QMMM shares last traded at $91.75, with a volume of 72,344 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of QMMM from a "hold" rating to a "sell" rating in a research note on Sunday.

View Our Latest Analysis on QMMM

QMMM Stock Up 27.8%

The company's fifty day moving average price is $20.97 and its two-hundred day moving average price is $8.05.

About QMMM

(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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