Powell Max Ltd (NASDAQ: PMAX) is -80.64% lower on its value in year-to-date trading and has touched a low of $0.28 and a high of $4.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PMAX stock was last observed hovering at around $0.39 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $0.41, the stock is 5.89% and -31.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 5.56% at the moment leaves the stock -81.44% off its SMA200. PMAX registered a loss of -88.94% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $0.59478 and a 200-day simple moving average (SMA200) of $2.200963.
The stock witnessed a -12.90% gain in the last 1 month and extending the period to 3 months gives it a -85.41%, and is 44.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.20% over the week and 15.65% over the month.
Powell Max Ltd (PMAX) has around 55 employees, a market worth around $5.97M and $5.96M in sales. Current P/E ratio is 11.07. Profit margin for the company is 9.00%. Distance from 52-week low is 44.30% and -91.31% from its 52-week high.
