Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 17,029 shares, a decrease of 64.5% from the June 30th total of 48,021 shares. Based on an average daily volume of 89,759 shares, the short-interest ratio is presently 0.2 days. Approximately 1.0% of the company’s shares are sold short.

Analyst Ratings Changes

Several brokerages recently issued reports on PMAX. Wall Street Zen raised Powell Max to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Powell Max in a research report on Wednesday, July 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Powell Max Trading Down 1.3%

Shares of PMAX stock opened at $1.55 on Wednesday. Powell Max has a 12 month low of $1.50 and a 12 month high of $52.00. The stock has a 50 day moving average of $2.11 and a two-hundred day moving average of $8.92. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.07.

Powell Max (NASDAQ:PMAX) last posted its earnings results on Thursday, April 30th. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $1.54 million for the quarter.

About Powell Max

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