The price-to-earnings ratio for Powell Max Ltd (NASDAQ: PMAX) is above average at 17.34x.
The average trading volume of PMAX on January 20, 2025 was 672.93K shares.
PMAX) stock’s latest price update
The stock price of Powell Max Ltd (NASDAQ: PMAX) has dropped by -22.87 compared to previous close of 0.83. Despite this, the company has seen a fall of -65.41% in its stock price over the last five trading days. globenewswire.com reported 2025-01-15 that HONG KONG, Jan. 15, 2025 (GLOBE NEWSWIRE) — Powell Max Limited (Nasdaq: PMAX) (the “Company” or “Powell Max”), a financial communications services provider headquartered in Hong Kong, today announced that it has commenced activities to pursue acquisitions as part of its strategy to build and grow its business operations. The Company is currently evaluating several other financial communications service companies to continue its growth and enhance its market share in the financial communications industry in Hong Kong and Asia.
PMAX’s Market Performance
Powell Max Ltd (PMAX) has seen a -65.41% fall in stock performance for the week, with a -77.14% decline in the past month and a -77.39% plunge in the past quarter. The volatility ratio for the week is 59.65%, and the volatility levels for the past 30 days are at 29.10% for PMAX. The simple moving average for the past 20 days is -68.14% for PMAX’s stock, with a -78.73% simple moving average for the past 200 days.
PMAX Trading at -75.34% from the 50-Day Moving Average
After a stumble in the market that brought PMAX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.38% of loss for the given period.
Volatility was left at 29.10%, however, over the last 30 days, the volatility rate increased by 59.65%, as shares sank -77.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -79.87% lower at present.
During the last 5 trading sessions, PMAX fell by -65.41%, in comparison to the 20-day moving average, which settled at $2.0085. In addition, Powell Max Ltd saw -69.67% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PMAX
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.58.
Conclusion
In summary, Powell Max Ltd (PMAX) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
