Powell Max Ltd (NASDAQ:PMAX) price is hovering higher on current market day and jumping 8.17% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $0.39, with intraday deals fluctuating between $0.401 and $0.4775. The company’s P/E ratio in the trailing 12-month period read 11.52. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.70 and 52-week low of $0.28. The stock added 25.74% on its value in the past month.
Powell Max Ltd, which has a market valuation of $6.22 million, is expected to release its quarterly earnings report in May.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that PMAX’s price is at present 20.57% off the SMA20 and 13.68% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 59.71, with weekly volatility standing at 10.14%. The indicator jumps to 15.13% when calculated based on the past 30 days. Powell Max Ltd (NASDAQ:PMAX)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.05.
An analysis of the Powell Max Ltd (NASDAQ:PMAX) stock in terms of its daily trading volume indicates that the 3-month average is 4.28 million. However, this figure increases on the past 10-day timeline to an average of 0.24 million.
Current records show that the company has 12.52M in outstanding shares. The percentage share held by institutions stands at 0.35%. The stats also highlight that short interest as of 2025-04-15, stood at 0.15 million shares, which puts the short ratio at the time at 0.05. From this we can glean that short interest is 492.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 38739.0. But the -79.86% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
