Kandal M Venture Wins Nasdaq Extension to Fix Bid-Price Deficiency
TipRanks (Wed, 24-Jun 10:58 AM ET)
Globe Newswire (Tue, 16-Jun 8:30 AM ET)
Globe Newswire (Fri, 17-Apr 8:00 AM ET)
Business Wire (Wed, 15-Apr 2:36 PM ET)
Kandal M Venture Ltd is engaged in manufacturing affordable luxury leather goods. The company manufactures handbags, such as shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, satchels, and other smaller leather goods, such as wallets. Geographically, the company derives maximum revenue from the United States, and it also has its presence in Europe, Canada, Japan, and Other countries.
Kandal M Venture Limited - Class A trades on the NASDAQ stock market under the symbol FMFC.
As of June 26, 2026, FMFC stock price climbed to $0.29 with 834,150 million shares trading.
FMFC has a beta of 3.21, meaning it tends to be more sensitive to market movements. FMFC has a correlation of 0.03 to the broad based SPY ETF.
FMFC has a market cap of $5.40 million. This is considered a Sub-Micro Cap stock.
FMFC has underperformed the market in the last year with a price return of -93.3% while the SPY ETF gained +21.3%. FMFC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -36.0% and -28.5%, respectively, while the SPY returned +11.3% and -0.9%, respectively.
FMFC support price is $.24 and resistance is $.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FMFC shares will trade within this expected range on the day.