Short Interest in Powell Max Limited (NASDAQ:PMAX) Decreases By 98.2%

Powell Max Limited (NASDAQ:PMAX) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 4,534 shares, a drop of 98.2% from the April 15th total of 258,845 shares. Based on an average daily trading volume, of 215,470 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.3% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued 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, According to data from MarketBeat.com, Powell Max currently has an average rating of “Sell”.

Powell Max Price Performance

NASDAQ PMAX traded up $0.13 during trading hours on Tuesday, reaching $2.67. The company’s stock had a trading volume of 175,660 shares, compared to its average volume of 998,217. Powell Max has a 1-year low of $1.90 and a 1-year high of $89.60. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.80 and a current ratio of 1.80. The company’s 50-day moving average is $5.45 and its two-hundred day moving average is $16.92.

Powell Max (NASDAQ:PMAX) last released its quarterly earnings results 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.