TOMI Environmental Solutions (NASDAQ:TOMZ) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of TOMI Environmental Solutions (NASDAQ:TOMZ) from a hold rating to a strong sell rating in a research report sent to investors on Monday,Zacks.com reports.

TOMI Environmental Solutions Stock Performance

NASDAQ TOMZ opened at $0.8001 on Monday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.08 and a quick ratio of 1.12. TOMI Environmental Solutions has a 1-year low of $0.6273 and a 1-year high of $1.50. The business has a 50 day simple moving average of $1.00 and a two-hundred day simple moving average of $0.91. The stock has a market capitalization of $16.07 million, a PE ratio of -3.48 and a beta of 1.10.

TOMI Environmental Solutions (NASDAQ:TOMZ) last posted its earnings results on Thursday, August 14th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03). The business had revenue of $1.03 million during the quarter, compared to analysts’ expectations of $1.80 million. TOMI Environmental Solutions had a negative net margin of 77.33% and a negative return on equity of 56.46%. On average, research analysts predict that TOMI Environmental Solutions will post -0.05 EPS for the current fiscal 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.