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QMMM (NASDAQ:QMMM) Stock Price Down 16.9% - What's Next?

QMMM logo with Business Services background

Key Points

  • QMMM Holdings Limited shares dropped 16.9% during mid-day trading, with the stock reaching a low of $95.51 and last trading at $91.04.
  • Trading volume was significantly low, with around 39,550 shares changing hands, a 98% decrease from the average daily volume of 2,472,852 shares.
  • QMMM Holdings provides digital advertising services and has collaborated with various domestic and international brands across multiple industries.
  • Interested in QMMM? Here are five stocks we like better.

QMMM Holdings Limited (NASDAQ:QMMM - Get Free Report)'s share price dropped 16.9% during trading on Thursday . The company traded as low as $95.51 and last traded at $91.04. Approximately 39,550 shares traded hands during trading, a decline of 98% from the average daily volume of 2,472,852 shares. The stock had previously closed at $109.50.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded QMMM from a "sell" rating to a "hold" rating in a research note on Saturday.

Read Our Latest Research Report on QMMM

QMMM Price Performance

The business has a 50-day moving average of $13.80 and a 200 day moving average of $5.53.

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.

Further Reading

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