Powell Max Limited (NASDAQ:PMAX – Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 65,952 shares, a drop of 14.7% from the February 12th total of 77,337 shares. Approximately 3.6% of the shares of the company are short sold. Based on an average trading volume of 9,775 shares, the short-interest ratio is currently 6.7 days. Based on an average trading volume of 9,775 shares, the short-interest ratio is currently 6.7 days. Approximately 3.6% of the shares of the company are short sold.
Powell Max Stock Down 0.7%
Powell Max stock opened at $0.59 on Monday. The business has a 50 day moving average price of $2.14 and a two-hundred day moving average price of $2.30. Powell Max has a 12 month low of $0.59 and a 12 month high of $8.96.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Powell Max in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus 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.
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