Powell Max Limited (NASDAQ:PMAX) Short Interest Down 98.2% in April
by Scott Moore · The Cerbat GemPowell Max Limited (NASDAQ:PMAX – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 4,534 shares, a decline of 98.2% from the April 15th total of 258,845 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 215,470 shares, the days-to-cover ratio is currently 0.0 days.
Powell Max Price Performance
NASDAQ:PMAX opened at $2.60 on Wednesday. Powell Max has a 1-year low of $1.90 and a 1-year high of $89.60. The company has a 50-day moving average of $5.07 and a 200 day moving average of $16.76. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.07.
Powell Max (NASDAQ:PMAX – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $1.54 million for the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Powell Max in a research note on Friday, April 10th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on Powell Max
Powell Max Company Profile
Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.