While Powell Max Ltd has underperformed by -6.61%, 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.
Powell Max Ltd’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. 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.
The average volume for any stock is also a very valuable indicator of volatility, and PMAX has an average volume of 5.11M. On a monthly basis, the volatility of the stock is set at 16.25%, whereas on a weekly basis, it is put at 27.12%, with a loss of -2.28% over the past seven days.
How Do You Analyze Powell Max Ltd Shares?
Specialty Business Services giant Powell Max Ltd (PMAX) is based in the Hong Kong and is one of the largest companies in the market. 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 8.84, there is a growth in quarterly earnings of -78.57%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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.
