TOMI Environmental Solutions (NASDAQ:TOMZ) Shares Down 1.9% – Should You Sell?

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) shares traded down 1.9% during mid-day trading on Thursday . The company traded as low as $1.02 and last traded at $1.04. 26,740 shares traded hands during trading, a decline of 63% from the average session volume of 73,106 shares. The stock had previously closed at $1.06.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and set a $3.50 target price on shares of TOMI Environmental Solutions in a research report on Tuesday, April 15th.

TOMI Environmental Solutions Trading Down 1.9%

The business’s 50-day moving average price is $0.92 and its two-hundred day moving average price is $0.90. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.25 and a quick ratio of 1.12. The firm has a market cap of $20.81 million, a price-to-earnings ratio of -6.12 and a beta of 1.04.

TOMI Environmental Solutions (NASDAQ:TOMZ) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. TOMI Environmental Solutions had a negative net margin of 43.18% and a negative return on equity of 22.42%. The business had revenue of $1.58 million during the quarter, compared to analyst estimates of $3.45 million. Equities analysts expect that TOMI Environmental Solutions, Inc. will post -0.05 earnings per share for the current year.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, engages in the provision of environmental solutions for indoor air and surface disinfection and decontamination in the United States and internationally. The company’s disinfection solutions include SteraPak portable disinfection systems, SteraMist select surface units, SteraMist environment systems, SteraMist total disinfection carts, SteraMist transport units, NV+ fogging disinfection and decontamination systems, SteraMist custom engineered systems, SteraMist Hybrid disinfection systems, SteraMist integrated systems, Stainless Steel 90-Degree applicators, SteraMist plasma decontamination chambers, and iHP Corporate Service Decontamination, which provides full room, equipment, facility, and emergency disinfection and decontamination services.