TOMI Environmental Solutions (NASDAQ:TOMZ) Announces Quarterly Earnings Results

TOMI Environmental Solutions (NASDAQ:TOMZ) announced its quarterly earnings data on Friday. The company reported ($0.04) EPS for the quarter, meeting the consensus estimate of ($0.04), FiscalAI reports. TOMI Environmental Solutions had a negative net margin of 66.53% and a negative return on equity of 161.42%. The business had revenue of $1.65 million during the quarter, compared to analysts’ expectations of $1.69 million.

TOMI Environmental Solutions Stock Performance

NASDAQ TOMZ traded up $0.12 on Friday, hitting $0.82. 1,694,972 shares of the company’s stock traded hands, compared to its average volume of 569,081. The company has a current ratio of 1.32, a quick ratio of 0.40 and a debt-to-equity ratio of 4.95. TOMI Environmental Solutions has a 1-year low of $0.50 and a 1-year high of $1.20. The firm’s 50-day moving average price is $0.63 and its two-hundred day moving average price is $0.73. The firm has a market capitalization of $16.92 million, a PE ratio of -4.58 and a beta of 1.77.

Hedge Funds Weigh In On TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Susquehanna International Group LLP lifted its position in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,280 shares of the company’s stock after purchasing an additional 30,361 shares during the period. Susquehanna International Group LLP owned about 0.50% of TOMI Environmental Solutions worth $104,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 4.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of TOMI Environmental Solutions in a research note on Wednesday, January 21st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, TOMI Environmental Solutions currently has a consensus rating of “Reduce”.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc is a provider of infection prevention and control technologies, specializing in advanced decontamination and disinfection solutions. The company develops and manufactures a range of proprietary products, including electrostatic sprayers, thermal foggers, vaporized hydrogen peroxide systems and mobile decontamination chambers. These technologies are designed to deliver broad-spectrum pathogen kill and odor elimination in both occupied and unoccupied spaces.

In addition to its equipment offerings, TOMI provides chemical disinfectants and surface coatings formulated to meet regulatory standards for hospital‐grade efficacy.