The trading price of Powell Max Ltd (NASDAQ:PMAX) closed lower on Tuesday, March 04, and closing at $0.44, -6.43% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 11.94. In examining the 52-week price action we see that the stock hit a 52-week high of $4.70 and a 52-week low of $0.31. Over the past month, the stock has gained 17.68% in value.
Powell Max Ltd, whose market valuation is $6.45 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that PMAX’s price is currently 1.27% off the SMA20 and -58.61% off the SMA50. The RSI metric on the 14-day chart is currently showing 37.09, and weekly volatility stands at 25.35%. When measured over the past 30 days, the indicator reaches 19.20%. Powell Max Ltd (NASDAQ:PMAX)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.13.
To see how Powell Max Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: PMAX stock’s performance was -6.43% in the latest trading. Powell Max Ltd has a P/E ratio of 11.94.
An evaluation of the daily trading volume of Powell Max Ltd (NASDAQ:PMAX) indicates that the 3-month average is 4.04 million.
Currently, records show that 12.52 million of the company’s shares remain outstanding. The institutions hold 0.35%. However, since the stock’s price has seen -79.11% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
