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

MDJM Ltd. (NASDAQ:UOKA) shares are 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 Stock Down 8.3%

NASDAQ:UOKA traded down $0.01 during trading hours on Thursday, hitting $0.07. The stock had a trading volume of 20,550,742 shares, compared to its average volume of 41,091,916. The company has a 50 day simple moving average of $1.13 and a two-hundred day simple moving average of $2.22. MDJM has a one year low of $0.06 and a one year high of $6.08.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of MDJM in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company 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 purchased a new stake in shares of MDJM Ltd. (NASDAQ:UOKA) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,331 shares of the company’s stock, valued at approximately $31,000. Marex Group plc owned approximately 1.15% of MDJM as of its most recent SEC filing.

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.