Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 51,081 shares, an increase of 1,026.6% from the April 30th total of 4,534 shares. Based on an average daily volume of 5,975,224 shares, the days-to-cover ratio is currently 0.0 days. Currently, 3.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

PMAX has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Powell Max to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reissued a “sell (e+)” rating on shares of Powell Max in a research report on Friday, April 10th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Powell Max Trading Down 3.6%

Shares of NASDAQ:PMAX traded down $0.10 during trading on Friday, reaching $2.68. The company had a trading volume of 125,943 shares, compared to its average volume of 924,577. Powell Max has a fifty-two week low of $1.90 and a fifty-two week high of $52.00. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.07. The stock’s fifty day moving average price is $3.05 and its 200 day moving average price is $14.81.

Powell Max (NASDAQ:PMAX) last posted its quarterly earnings data 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.