Powell Max Ltd (NASDAQ: PMAX): Think Like A Lender, Not An Investor

Powell Max Ltd (NASDAQ:PMAX) currently has a daily average trading volume of 28.71K but it saw 4673491 shares traded in last market. With a market cap of 20.19M USD, the company’s current market price of $1.38 came falling about -26.94 while comparing to the previous closing price of $1.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.70 and as low as $1.65. In the recent trading on the day, stock has struck highest price mark of $1.2 while lowest mark touched by it was $2.25.

Taking a look at 20-day trading activity of Powell Max Ltd (PMAX) gives us an average price of $2.2160, while its current price level is -70.62% below from 52-week high level whereas it is -16.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.6926. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.24% during that period while stretching the period over a month that decreases to 21.52%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 25.48 which implies that the stock is in oversold territory.

Over the week, PMAX’s stock price is moving -30.61% down while it is -56.02% when we observe its performance for the past one month. Year-to-date it is -34.55% down and over the past year.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Powell Max Ltd’s total number of outstanding shares is 12.52M with 76.03% of that held by the insiders while 0.40% of its common stock has been owned by the institutions. It has a price to earnings ratio (P/E ratio) of 37.42. Stock has a price to sale or P/S ratio amounts to 3.39.