Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 17,971 shares, a decrease of 64.8% from the May 14th total of 51,081 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 240,989 shares, the days-to-cover ratio is currently 0.1 days.

Powell Max Trading Up 6.1%

Shares of PMAX stock traded up $0.12 during trading hours on Friday, reaching $2.10. 644,745 shares of the company’s stock were exchanged, compared to its average volume of 541,947. Powell Max has a fifty-two week low of $1.70 and a fifty-two week high of $52.00. The business has a fifty day moving average price of $2.76 and a 200-day moving average price of $13.60. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.07.

Powell Max (NASDAQ:PMAX) last issued 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 during the quarter.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PMAX. Wall Street Zen raised Powell Max to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Powell Max in a report on Friday, April 10th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Powell Max has a consensus 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.