Powell Max Limited (NASDAQ:PMAX) Sees Significant Increase in Short Interest

Powell Max Limited (NASDAQ:PMAXGet Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 51,081 shares, a growth of 1,026.6% from the April 30th total of 4,534 shares. Based on an average daily trading volume, of 5,975,224 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.0% of the shares of the company are short sold.

Powell Max Stock Performance

PMAX stock traded down $0.25 on Wednesday, reaching $2.48. The company’s stock had a trading volume of 30,567 shares, compared to its average volume of 3,449,416. Powell Max has a 52 week low of $1.90 and a 52 week high of $52.00. The firm has a fifty day moving average of $3.11 and a two-hundred day moving average of $15.03. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.80 and a current ratio of 1.80.

Powell Max (NASDAQ:PMAXGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $1.54 million during the quarter.

Analyst Upgrades and Downgrades

PMAX has been the subject of a number of recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Powell Max in a report on Friday, April 10th. Wall Street Zen raised Powell Max to a “hold” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Check Out Our Latest Report on Powell Max

About Powell Max

(Get Free Report)

Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.

See Also

Receive News & Ratings for Powell Max Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Powell Max and related companies with MarketBeat.com's FREE daily email newsletter.