TOMI Environmental Solutions (NASDAQ:TOMZ) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of TOMI Environmental Solutions (NASDAQ:TOMZ) to a hold rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of TOMI Environmental Solutions in a report on Friday, May 29th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

TOMI Environmental Solutions Stock Down 5.5%

Shares of NASDAQ:TOMZ opened at $1.54 on Friday. The company has a debt-to-equity ratio of 4.95, a quick ratio of 0.40 and a current ratio of 1.09. The company has a market cap of $12.54 million, a PE ratio of -2.44 and a beta of 1.88. TOMI Environmental Solutions has a 52 week low of $1.39 and a 52 week high of $3.60. The firm has a 50 day simple moving average of $2.38 and a 200 day simple moving average of $2.17.

TOMI Environmental Solutions (NASDAQ:TOMZ) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.12) EPS for the quarter, hitting analysts’ consensus estimates of ($0.12). TOMI Environmental Solutions had a negative net margin of 75.34% and a negative return on equity of 315.96%. The firm had revenue of $1.65 million during the quarter, compared to analyst estimates of $1.69 million. As a group, research analysts expect that TOMI Environmental Solutions will post -0.48 earnings per share for the current year.

Institutional Investors Weigh In On TOMI Environmental Solutions

An institutional investor recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP raised its stake in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,280 shares of the company’s stock after buying 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 SEC filing. 4.77% of the stock is owned by hedge funds and other institutional investors.

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.