Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Decreases By 46.7%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZGet Free Report) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 66,952 shares, a decrease of 46.7% from the June 15th total of 125,598 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 288,557 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TOMI Environmental Solutions in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, TOMI Environmental Solutions has an average rating of “Reduce”.

Get Our Latest Analysis on TOMI Environmental Solutions

TOMI Environmental Solutions Stock Up 3.4%

NASDAQ TOMZ traded up $0.03 during trading hours on Wednesday, reaching $0.77. 24,301 shares of the company’s stock traded hands, compared to its average volume of 470,056. The company has a debt-to-equity ratio of 4.95, a current ratio of 1.09 and a quick ratio of 0.40. The firm has a 50-day simple moving average of $0.82 and a 200 day simple moving average of $0.73. TOMI Environmental Solutions has a 52-week low of $0.50 and a 52-week high of $1.20. The firm has a market cap of $17.67 million, a PE ratio of -3.64 and a beta of 1.88.

TOMI Environmental Solutions (NASDAQ:TOMZGet Free Report) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04). The company had revenue of $1.65 million during the quarter, compared to analyst estimates of $1.69 million. TOMI Environmental Solutions had a negative return on equity of 315.96% and a negative net margin of 75.34%. Sell-side analysts anticipate that TOMI Environmental Solutions will post -0.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP grew its position in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZFree Report) by 42.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,280 shares of the company’s stock after buying an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned 0.50% of TOMI Environmental Solutions worth $104,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 4.77% of the company’s stock.

TOMI Environmental Solutions Company Profile

(Get Free Report)

TOMI Environmental Solutions, Inc is a provider of infection prevention and control technologies, specializing in advanced decontamination and disinfection solutions. The company develops and manufactures a range of proprietary products, including electrostatic sprayers, thermal foggers, vaporized hydrogen peroxide systems and mobile decontamination chambers. These technologies are designed to deliver broad-spectrum pathogen kill and odor elimination in both occupied and unoccupied spaces.

In addition to its equipment offerings, TOMI provides chemical disinfectants and surface coatings formulated to meet regulatory standards for hospital‐grade efficacy.

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