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

MDJM Ltd. (NASDAQ:UOKA)’s stock is going to reverse split on Monday, March 16th. The 1-35 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, March 15th.

MDJM Price Performance

UOKA traded down $0.01 during trading hours on Thursday, reaching $0.07. 20,550,742 shares of the company’s stock traded hands, compared to its average volume of 41,091,916. The firm has a 50-day moving average price of $1.09 and a 200 day moving average price of $2.20. MDJM has a 52-week low of $0.06 and a 52-week high of $6.08.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of MDJM in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On MDJM

A hedge fund recently bought a new stake in MDJM stock. Marex Group plc bought a new position in MDJM Ltd. (NASDAQ:UOKA) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 12,331 shares of the company’s stock, valued at approximately $31,000. Marex Group plc owned 1.15% of MDJM at the end of the most recent quarter.

MDJM Company Profile

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.