Short Interest in Powell Max Limited (NASDAQ:PMAX) Grows By 1,026.6%

Powell Max Limited (NASDAQ:PMAX) was the recipient of 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 trading volume of 5,975,224 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.0% of the shares of the stock are short sold.

Powell Max Stock Up 11.5%

NASDAQ:PMAX traded up $0.29 during mid-day trading on Thursday, reaching $2.77. The stock had a trading volume of 101,005 shares, compared to its average volume of 928,380. The business’s 50 day moving average is $3.11 and its 200 day moving average is $15.03. 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.

Powell Max (NASDAQ:PMAX) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.11) EPS for the quarter. The company had revenue of $1.54 million during the quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on PMAX shares. Wall Street Zen upgraded Powell Max to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings restated a “sell (e+)” rating on shares of Powell Max in a report on Friday, April 10th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

About Powell Max

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