Nature’s Miracle Holding Inc (NASDAQ: NMHI) has a higher price-to-earnings ratio of 0.42x compared to its average ratio, Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for NMHI is 13.25M, and currently, shorts hold a 1.17% of that float. The average trading volume for NMHI on November 18, 2024 was 32.86M shares.
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NMHI) stock’s latest price update
Nature’s Miracle Holding Inc (NASDAQ: NMHI)’s stock price has plunge by -12.77relation to previous closing price of 0.11. Nevertheless, the company has seen a -6.33% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-14 that ~ Revenue Growth of 13.5% to $3.1 Million from Q3 2023~ ONTARIO, Calif., Nov. 14, 2024 /PRNewswire/ — Nature’s Miracle Holding Inc. (NASDAQ: NMHI) (“Nature’s Miracle” or the “Company”), a leader in vertical farming technology and infrastructure, today announced its financial results for the third quarter ended September 30, 2024.
NMHI’s Market Performance
Nature’s Miracle Holding Inc (NMHI) has seen a -6.33% fall in stock performance for the week, with a -41.85% decline in the past month and a -44.80% plunge in the past quarter. The volatility ratio for the week is 36.76%, and the volatility levels for the past 30 days are at 37.37% for NMHI. The simple moving average for the past 20 days is -21.12% for NMHI’s stock, with a -92.50% simple moving average for the past 200 days.
NMHI Trading at -32.53% from the 50-Day Moving Average
After a stumble in the market that brought NMHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.14% of loss for the given period.
Volatility was left at 37.37%, however, over the last 30 days, the volatility rate increased by 36.76%, as shares sank -42.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.85% lower at present.
During the last 5 trading sessions, NMHI fell by -6.33%, in comparison to the 20-day moving average, which settled at $0.1239. In addition, Nature’s Miracle Holding Inc saw -99.11% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NMHI
Current profitability levels for the company are sitting at:
- -0.8 for the present operating margin
- -0.06 for the gross margin
The net margin for Nature’s Miracle Holding Inc stands at -1.08. The total capital return value is set at 1.08. Equity return is now at value 2.93, with 2.76 for asset returns.
Based on Nature’s Miracle Holding Inc (NMHI), the company’s capital structure generated -3.13 points at debt to capital in total, while cash flow to debt ratio is standing at -0.29. The debt to equity ratio resting at -0.76. The interest coverage ratio of the stock is -6.04.
Currently, EBITDA for the company is -5.74 million with net debt to EBITDA at -1.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.69. The receivables turnover for the company is 3.48for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.41.
Conclusion
In conclusion, Nature’s Miracle Holding Inc (NMHI) has had a bad performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
