While Powell Max Ltd has overperformed by 16.10%, investors are advised to look at stock chart patterns for technical insight.
Analysis of Powell Max Ltd (PMAX)
Further, the quarter-over-quarter decrease in sales is -9.70%, showing a negative trend in the upcoming months.
One of the most important indicators of Powell Max Ltd’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.58, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and PMAX is recording 4.19M average volume. On a monthly basis, the volatility of the stock is set at 13.34%, whereas on a weekly basis, it is put at 16.67%, with a gain of 33.43% over the past seven days.
How Do You Analyze Powell Max Ltd Shares?
The Specialty Business Services market is dominated by Powell Max Ltd (PMAX) based in the Hong Kong. When comparing Powell Max Ltd shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 12.11, there is a growth in quarterly earnings of -78.57%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 0.35% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PMAX shares are owned by institutional investors to the tune of 0.35% at present.