Powell Max Limited (NASDAQ:PMAX) Short Interest Down 64.8% in May

Powell Max Limited (NASDAQ:PMAXGet Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 17,971 shares, a decline of 64.8% from the May 14th total of 51,081 shares. Based on an average daily trading volume, of 240,989 shares, the short-interest ratio is currently 0.1 days. Approximately 1.0% of the company’s stock are short sold.

Powell Max Trading Up 6.1%

Shares of PMAX traded up $0.12 during midday trading on Friday, hitting $2.10. The company had a trading volume of 644,745 shares, compared to its average volume of 923,001. The company’s 50 day moving average price is $2.78 and its 200 day moving average price is $13.68. Powell Max has a 52 week low of $1.70 and a 52 week high of $52.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.80 and a quick ratio of 1.80.

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

Analyst Ratings Changes

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

View Our Latest Research Report on PMAX

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.

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