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

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

Powell Max Trading Down 36.2%

NASDAQ PMAX traded down $1.44 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 52-week low of $1.90 and a 52-week high of $89.60. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average price is $5.45 and its two-hundred day moving average price is $16.92.

Powell Max (NASDAQ:PMAX) 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.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated 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, According to data from MarketBeat.com, the company has an average rating of “Sell”.

About Powell Max

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