How have the shares performed?
MDJM Ltd (MDJH) saw an uptrend of 22.93% in the recent trading with $5.99 being its most recent. The current price level 2.34% lower than the highest price of $5.85 marked by the stock while trading over the past 52-weeks, whereas it is 185.09% higher than the lowest price of $2.10 the company dropped to over past 52-weeks. The latest news story on MDJH appeared in PR Newswire under the title “MDJM Signs Contract for a Sales Agency Service Project” on Apr-26-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -0.22% below one month high and is +41.87% above of the lowest during that time. Looking into the simple moving average, MDJM Ltd (MDJH)’s stock stands at a SMA-50 of $4.57 while that of 5-day is reading $5.10.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MDJH’s SMA-200 as of now is $4.19.
MDJM Ltd Earnings – What Happened With MDJH
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $3.16 billion.
MDJH – MDJM Ltd Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 11.65 million. MDJH does have institutional investors; and they hold 0.30% of the stock.
MDJM Ltd – Insider Activity and Holdings
As on Mar 30, 2021, Citadel Advisors LLC was the top most holder in MDJM Ltd (NASDAQ:MDJH) with an ownership of 21470.0 shares of the company or 0.18% of the stake worth $93181.0. The filing also reveals Renaissance Technologies, LLC as the second largest holder in the company with a control over 0.14% of the outstanding shares. Its stake is worth $72479.0 for having 16700.0 shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by MDJM Ltd was 6.97 while posting a debt to equity ratio of 0.00. The count was 1.74 for long-term debt to equity ratio.
MDJM Ltd’s return on equity, or ROE, is 3.00%, compared to the industry average of 3.45% for Real Estate – Real Estate Services. Although this indicates that MDJH fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of MDJM Ltd (NASDAQ:MDJH) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for MDJM Ltd (MDJH), we notice that the stock’s 20-day average volume is at 45,895 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 29,490 shares. And to end, MDJH’s 100-day average volume is 31,543 shares with 100% of the long-term indicators pointing towards Buy for the stock.