TOMI Environmental Solutions (NASDAQ:TOMZ) Trading Down 1.1% – Time to Sell?

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ)’s stock price traded down 1.1% on Friday . The company traded as low as $0.93 and last traded at $0.95. 7,094 shares were traded during trading, a decline of 90% from the average session volume of 71,914 shares. The stock had previously closed at $0.96.

Analyst Upgrades and Downgrades

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

TOMI Environmental Solutions Stock Performance

The stock has a market capitalization of $19.01 million, a price-to-earnings ratio of -5.59 and a beta of 1.11. The stock’s 50 day moving average is $0.99 and its 200 day moving average is $0.93. The company has a current ratio of 2.25, a quick ratio of 1.12 and a debt-to-equity ratio of 0.68.

TOMI Environmental Solutions (NASDAQ:TOMZ) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $1.58 million for the quarter, compared to analysts’ expectations of $3.45 million. On average, analysts predict 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.