TOMI Environmental Solutions (NASDAQ:TOMZ) Upgraded at Zacks Research

Zacks Research upgraded shares of TOMI Environmental Solutions (NASDAQ:TOMZ) from a strong sell rating to a hold rating in a report issued on Tuesday,Zacks.com reports.

TOMI Environmental Solutions Stock Performance

Shares of TOMI Environmental Solutions stock opened at $0.99 on Tuesday. The company has a 50 day moving average of $0.92 and a 200-day moving average of $0.90. TOMI Environmental Solutions has a 1-year low of $0.63 and a 1-year high of $1.50. The company has a current ratio of 2.08, a quick ratio of 0.82 and a debt-to-equity ratio of 1.05. The company has a market cap of $19.88 million, a PE ratio of -4.30 and a beta of 1.10.

TOMI Environmental Solutions (NASDAQ:TOMZ) last issued its quarterly 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). TOMI Environmental Solutions had a negative return on equity of 56.46% and a negative net margin of 77.33%.The firm had revenue of $1.03 million for the quarter, compared to the consensus estimate of $1.80 million. As a group, equities research analysts forecast that TOMI Environmental Solutions will post -0.05 earnings per share for the current fiscal year.

About TOMI Environmental Solutions

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.