More To Go Or Is It Over? – Powell Max Ltd (PMAX)

Powell Max Ltd (NASDAQ:PMAX) does about 3.85M shares in volume on a normal day but saw 3693804 shares change hands in the recent trading day. The company now has a market cap of 6.89M USD. Its current market price is $0.47, marking a decrease of -7.83% compared to the previous close of $0.51. The 52 week high reached by this stock is $4.70 whilst the lowest price level in 52 weeks is $0.31.

Powell Max Ltd (PMAX) has a 20-day trading average at $0.4314 and the current price is -89.98% off the 52-week high compared with 50.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1123. If we look at the stock’s price movements over the week, volatility stands at 22.70%, which decreases to 18.45% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 38.72 to suggest the stock is neutral.

The current price level is 9.18%, -57.66%, and -80.35% away from its SMA20, SMA50, and SMA200 respectively, with the PMAX price moving above the 50-day SMA on current market day. Powell Max Ltd (PMAX) stock is up 12.14% over the week and 18.37% over the past month. Its price is -77.68% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 12.52M with insiders holding 76.03% of the shares and institutional holders owning 0.00% of the company’s common stock. The price to earnings ratio (P/E ratio) amounts to 12.76. Price to sales ratio is 1.16.