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How to buy Psychemedics Corporation stock

Own Psychemedics Corporation stock in just a few minutes.

Psychemedics Corporation is a diagnostics & research business based in the US. Psychemedics Corporation shares (PMD) are listed on the NASDAQ and all prices are listed in US Dollars. Psychemedics Corporation employs 138 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Psychemedics Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PMD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Psychemedics Corporation share price

Use our graph to track the performance of PMD stocks over time.

Psychemedics Corporation shares at a glance

Information last updated 2021-04-23.
52-week range$3.58 - $7.90
50-day moving average $6.84
200-day moving average $5.62
Wall St. target price$32.00
PE ratio 37.0714
Dividend yield $0.18 (2.63%)
Earnings per share (TTM) $0.14

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Psychemedics Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Psychemedics Corporation under- or over-valued?

Valuing Psychemedics Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Psychemedics Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Psychemedics Corporation's P/E ratio

Psychemedics Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Psychemedics Corporation shares trade at around 37x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Psychemedics Corporation's EBITDA

Psychemedics Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $224,000.

The EBITDA is a measure of a Psychemedics Corporation's overall financial performance and is widely used to measure a its profitability.

Psychemedics Corporation financials

Revenue TTM $21.4 million
Gross profit TTM $4.9 million
Return on assets TTM -14.71%
Return on equity TTM -26.31%
Profit margin -18.07%
Book value $2.26
Market capitalisation $38.1 million

TTM: trailing 12 months

Shorting Psychemedics Corporation shares

There are currently 30,078 Psychemedics Corporation shares held short by investors – that's known as Psychemedics Corporation's "short interest". This figure is 4.4% up from 28,822 last month.

There are a few different ways that this level of interest in shorting Psychemedics Corporation shares can be evaluated.

Psychemedics Corporation's "short interest ratio" (SIR)

Psychemedics Corporation's "short interest ratio" (SIR) is the quantity of Psychemedics Corporation shares currently shorted divided by the average quantity of Psychemedics Corporation shares traded daily (recently around 30691.836734694). Psychemedics Corporation's SIR currently stands at 0.98. In other words for every 100,000 Psychemedics Corporation shares traded daily on the market, roughly 980 shares are currently held short.

However Psychemedics Corporation's short interest can also be evaluated against the total number of Psychemedics Corporation shares, or, against the total number of tradable Psychemedics Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Psychemedics Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Psychemedics Corporation shares in existence, roughly 10 shares are currently held short) or 0.0059% of the tradable shares (for every 100,000 tradable Psychemedics Corporation shares, roughly 6 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Psychemedics Corporation.

Find out more about how you can short Psychemedics Corporation stock.

Psychemedics Corporation share dividends

We're not expecting Psychemedics Corporation to pay a dividend over the next 12 months.

Have Psychemedics Corporation's shares ever split?

Psychemedics Corporation's shares were split on a 1:4 basis on 31 July 2002. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Psychemedics Corporation shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Psychemedics Corporation shares which in turn could have impacted Psychemedics Corporation's share price.

Psychemedics Corporation share price volatility

Over the last 12 months, Psychemedics Corporation's shares have ranged in value from as little as $3.58 up to $7.9. A popular way to gauge a stock's volatility is its "beta".

PMD.US volatility(beta: 0.79)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Psychemedics Corporation's is 0.7876. This would suggest that Psychemedics Corporation's shares are less volatile than average (for this exchange).

Psychemedics Corporation overview

Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. The company offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, PCP, amphetamines, opiates, synthetic cannabinoids, and benzodiazepines. Its testing results provide quantitative information that can indicate the approximate amount of drug ingested, as well as historical data that can show a pattern of individual drug use over a longer period-of-time. The company provides its services to employers for applicant and employee testing; and treatment professionals, law enforcement agencies, school administrators, and parents concerned about their children's drug use. Psychemedics Corporation was founded in 1986 and is headquartered in Acton, Massachusetts. .

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