Short Interest in Powell Max Limited (NASDAQ:PMAX) Decreases By 98.2%

Powell Max Limited (NASDAQ:PMAX) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 4,534 shares, a drop of 98.2% from the April 15th total of 258,845 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 215,470 shares, the short-interest ratio is currently 0.0 days.

Powell Max Stock Down 36.2%

NASDAQ:PMAX traded down $1.44 during midday trading on Monday, hitting $2.54. 1,398,652 shares of the stock were exchanged, compared to its average volume of 3,333,267. Powell Max has a one year low of $1.90 and a one year high of $89.60. The business has a 50-day moving average price of $5.45 and a two-hundred day moving average price of $16.92. 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:PMAX) last announced its earnings results on Thursday, April 30th. The company reported ($0.11) EPS for the quarter. The company had revenue of $1.54 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Powell Max in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Powell Max Company Profile

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