Powell Max Limited (NASDAQ:PMAX – Get Free Report) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 117,003 shares, a drop of 25.2% from the January 15th total of 156,383 shares. Currently, 6.4% of the company’s stock are short sold. Based on an average daily volume of 85,700 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 85,700 shares, the days-to-cover ratio is presently 1.4 days. Currently, 6.4% of the company’s stock are short sold.
Powell Max Stock Performance
PMAX opened at $2.42 on Tuesday. The company’s 50-day simple moving average is $2.36 and its two-hundred day simple moving average is $2.44. Powell Max has a 52-week low of $1.56 and a 52-week high of $8.96.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Powell Max in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Powell Max currently has a consensus rating of “Sell”.
About Powell Max
Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.
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