PharmChem, Inc. (OTCMKTS:PCHM – Get Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a growth of 400.0% from the February 28th total of 100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 29,300 shares, the days-to-cover ratio is currently 0.0 days.
PharmChem Price Performance
PCHM stock remained flat at $3.15 during midday trading on Thursday. PharmChem has a twelve month low of $2.51 and a twelve month high of $4.00. The company’s 50 day simple moving average is $3.26 and its 200-day simple moving average is $3.31. The stock has a market cap of $14.64 million, a P/E ratio of 10.86 and a beta of 0.68.
PharmChem (OTCMKTS:PCHM – Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.06 EPS for the quarter. The business had revenue of $1.52 million for the quarter.
About PharmChem
PharmChem, Inc provides PharmChek Sweat Patch that is used to detect drugs of abuse. Its PharmChek Sweat Patch uses sweat as the source and offers alternative to urine testing for cocaine, opiates, amphetamines, PCP, and marijuana. The company was incorporated in 2000 and is based in Fort Worth, Texas.
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