Powell Max Limited (NASDAQ:PMAX – Get Free Report)’s stock price 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 traded.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Powell Max in a research note on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on PMAX
Powell Max Price Performance
The firm has a 50-day moving average price of $0.83 and a 200 day moving average price of $5.78.
About Powell Max
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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