Powell Max Ltd [NASDAQ: PMAX] gained 57.38% or 0.19 points to close at $0.51 with a heavy trading volume of 365341480 shares.
The daily chart for PMAX points out that the company has recorded -83.00% loss over the past six months.
If we look at the average trading volume of 4.13M shares, PMAX reached to a volume of 365341480 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Powell Max Ltd [PMAX]:
The Average True Range (ATR) for Powell Max Ltd is set at 0.10, with the Price to Sales ratio for PMAX stock in the period of the last 12 months amounting to 1.60. The Price to Book ratio for the last quarter was 2.74, with the Price to Cash per share for the same quarter was set at 0.37.
Trading performance analysis for PMAX stock
Powell Max Ltd [PMAX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 49.97. With this latest performance, PMAX shares gained by 35.58% in over the last four-week period, additionally sinking by -83.00% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PMAX stock in for the last two-week period is set at 68.93, with the RSI for the last a single of trading hit 76.45, and the three-weeks RSI is set at 61.38 for Powell Max Ltd [PMAX]. The present Moving Average for the last 50 days of trading for this stock 0.3581, while it was recorded at 0.3662 for the last single week of trading.
Powell Max Ltd [PMAX]: A deeper dive into fundamental analysis
Powell Max Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.45 and a Current Ratio set at 1.45.
