Short Interest in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Expands By 72.8%

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 111,800 shares, an increase of 72.8% from the March 15th total of 64,700 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 94,200 shares, the short-interest ratio is currently 1.2 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $3.50 price target on shares of TOMI Environmental Solutions in a research report on Tuesday.

TOMI Environmental Solutions Price Performance

Shares of NASDAQ:TOMZ traded down $0.04 on Friday, hitting $0.76. The stock had a trading volume of 18,839 shares, compared to its average volume of 83,929. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.06 and a current ratio of 4.13. The company has a market capitalization of $15.19 million, a price-to-earnings ratio of -5.84 and a beta of 1.01. TOMI Environmental Solutions has a twelve month low of $0.53 and a twelve month high of $1.50. The firm’s 50 day moving average price is $0.84 and its 200-day moving average price is $0.86.

TOMI Environmental Solutions (NASDAQ:TOMZ) last posted its quarterly earnings results on Monday, April 14th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). The business had revenue of $1.07 million for the quarter, compared to the consensus estimate of $3.45 million. TOMI Environmental Solutions had a negative return on equity of 34.10% and a negative net margin of 31.29%. During the same period last year, the firm earned ($0.06) earnings per share. On average, equities research analysts predict that TOMI Environmental Solutions will post -0.05 earnings per share for the current year.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, engages in the provision of environmental solutions for indoor air and surface disinfection and decontamination in the United States and internationally. The company’s disinfection solutions include SteraPak portable disinfection systems, SteraMist select surface units, SteraMist environment systems, SteraMist total disinfection carts, SteraMist transport units, NV+ fogging disinfection and decontamination systems, SteraMist custom engineered systems, SteraMist Hybrid disinfection systems, SteraMist integrated systems, Stainless Steel 90-Degree applicators, SteraMist plasma decontamination chambers, and iHP Corporate Service Decontamination, which provides full room, equipment, facility, and emergency disinfection and decontamination services.