Nature’s Miracle Holding Inc (NASDAQ:NMHI) gain 4.76% – Is It right time to buy?

Nature’s Miracle Holding Inc (NMHI) saw an uptrend of 4.76% in the recent trading with $2.20 being its most recent. The current price level -99.36% lower than the highest price of $342.00 marked by the stock while trading over the past 52-weeks, whereas it is 9.45% higher than the lowest price of $2.01 the company dropped to over past 52-weeks. The latest news story on NMHI appeared in (PR Newswire) under the title “Nature’s Miracle Holding Inc. Announces $2.0 Million Debt to Equity Conversion by Management and Related Debt Holders”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -83.25% below one month high and is +18.92% above of the lowest during that time. Looking into the simple moving average, Nature’s Miracle Holding Inc (NMHI)’s stock stands at a SMA-50 of $4.1500 while that of 5-day is reading $2.5700.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.

Nature’s Miracle Holding Inc Earnings – What Happened With NMHI

Coming around sales and income figures on NMHI Stock Income Statement, public 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.

NMHI – Nature’s Miracle Holding Inc 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 0.74 million. NMHI does have institutional investors; and they hold 1.81% of the stock.

Nature’s Miracle Holding Inc – Insider Activity and Holdings

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.

Technical Analysis of Nature’s Miracle Holding Inc (NASDAQ:NMHI) stock