Short Interest in Powell Max Limited (NASDAQ:PMAX) Drops By 78.5%

Powell Max Limited (NASDAQ:PMAXGet Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,653 shares, a decrease of 78.5% from the July 15th total of 17,029 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 1,618,282 shares, the days-to-cover ratio is presently 0.0 days.

Powell Max Stock Down 5.5%

Shares of Powell Max stock traded down $0.09 during trading on Thursday, hitting $1.56. 35,768 shares of the stock traded hands, compared to its average volume of 1,022,492. The company has a fifty day moving average price of $1.86 and a two-hundred day moving average price of $7.14. Powell Max has a twelve month low of $1.43 and a twelve month high of $52.00. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.07.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PMAX. Weiss Ratings reissued a “sell (e+)” rating on shares of Powell Max in a research note on Wednesday, July 8th. Wall Street Zen upgraded Powell Max to a “hold” rating in a report on Saturday, May 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

View Our Latest Stock Report on PMAX

About Powell Max

(Get Free Report)

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

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