MDJM (NASDAQ:UOKA) Shares Down 5.2% – Should You Sell?

MDJM Ltd. (NASDAQ:UOKA) shares were down 5.2% on Tuesday . The stock traded as low as $2.80 and last traded at $3.11. Approximately 39,508 shares changed hands during mid-day trading, an increase of 160% from the average daily volume of 15,171 shares. The stock had previously closed at $3.28.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of MDJM in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

MDJM Stock Down 5.2%

The company’s fifty day simple moving average is $2.90 and its 200 day simple moving average is $2.76.

Hedge Funds Weigh In On MDJM

An institutional investor recently bought a new position in MDJM stock. Marex Group plc bought a new stake in MDJM Ltd. (NASDAQ:UOKA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,331 shares of the company’s stock, valued at approximately $31,000. Marex Group plc owned approximately 1.15% of MDJM at the end of the most recent reporting period.

About MDJM

Mdjm Ltd. is a holding company engages in providing real estate agency services. Its services include real estate consulting services,and independent training. The company was founded on January 26, 2018 and is headquartered in Cupar, the United Kingdom.