Shares of Powell Max Limited (NASDAQ:PMAX – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $0.83 and traded as high as $1.09. Powell Max shares last traded at $1.04, with a volume of 9,222,188 shares trading hands.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Powell Max in a report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Read Our Latest Research Report on PMAX
Powell Max Trading Up 2.6%
The stock has a 50-day moving average price of $0.81 and a 200 day moving average price of $5.55.
Powell Max Company Profile
Powell Max Limited (NASDAQ: PMAX) is a Hong Kong-based digital marketing services provider. The company helps advertisers promote their brands, products and services through online marketing campaigns and other digital channels.
Its services include campaign planning, digital advertising, social media marketing, search engine marketing, content development and related creative and data-driven marketing solutions. Powell Max works with businesses seeking to reach consumers through internet-based platforms.
The company primarily serves advertisers in Hong Kong and the broader Greater China market.
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