Powell Max (NASDAQ:PMAX) Shares Down 1.1% – Should You Sell?

Powell Max Limited (NASDAQ:PMAX)’s stock price traded down 1.1% on Thursday . The company traded as low as $0.8282 and last traded at $0.86. 16,483 shares traded hands during trading, a decline of 64% from the average daily volume of 45,673 shares. The stock had previously closed at $0.8699.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PMAX. Wall Street Zen upgraded shares of 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 report on Wednesday, July 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Powell Max Stock Performance

The business has a 50 day moving average of $1.53 and a 200-day moving average of $4.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.80 and a current ratio of 1.80.

About Powell Max

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