MDJM Stock Set to Reverse Split on Monday, March 16th (NASDAQ:UOKA)

Shares of MDJM Ltd. (NASDAQ:UOKA) are going to reverse split on the morning of Monday, March 16th. The 1-35 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, March 15th.

MDJM Stock Performance

UOKA stock traded down $0.01 during midday trading on Thursday, hitting $0.07. 20,550,742 shares of the company’s stock were exchanged, compared to its average volume of 20,671,992. MDJM has a one year low of $0.06 and a one year high of $6.08. The stock’s fifty day moving average price is $1.13 and its 200-day moving average price is $2.22.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of MDJM in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Hedge Funds Weigh In On MDJM

A hedge fund recently bought a new stake in MDJM stock. Marex Group plc purchased a new stake in MDJM Ltd. (NASDAQ:UOKA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 12,331 shares of the company’s stock, valued at approximately $31,000. Marex Group plc owned about 1.15% of MDJM as of its most recent filing with the Securities and Exchange Commission.

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.