Powell Max Ltd (PMAX) At $0.36 Offering A Unique Opportunity

Powell Max Ltd (NASDAQ:PMAX) currently has a daily average trading volume of 1.58M but it saw 1796275 shares traded in last market. With a market cap of 5.21M USD, the company’s current market price of $0.36 came falling about -9.87 while comparing to the previous closing price of $0.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.70 and as low as $0.34.

Taking a look at 20-day trading activity of Powell Max Ltd (PMAX) gives us an average price of $0.4209, while its current price level is -92.43% below from 52-week high level whereas it is 4.71% 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 $1.2021. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.81% during that period while stretching the period over a month that increases to 16.37%. 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 25.72 which implies that the stock is in oversold territory.

Over the week, PMAX’s stock price is moving -22.93% down while it is -13.74% when we observe its performance for the past one month. Year-to-date it is -83.13% down and over the past year.

The company is expected to be releasing its next quarterly report in March, 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 0.00% of its common stock has been owned by the institutions. It has a price to earnings ratio (P/E ratio) of 9.65. Stock has a price to sale or P/S ratio amounts to 0.87.