PharmChem, Inc. (OTCMKTS:PCHM – Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, an increase of 400.0% from the February 28th total of 100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 29,300 shares, the short-interest ratio is currently 0.0 days.
PharmChem Stock Performance
OTCMKTS PCHM remained flat at $3.15 on Friday. The company has a market cap of $14.64 million, a price-to-earnings ratio of 10.86 and a beta of 0.68. PharmChem has a one year low of $2.51 and a one year high of $4.00. The business’s fifty day moving average price is $3.26 and its two-hundred day moving average price is $3.31.
PharmChem (OTCMKTS:PCHM – Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.06 earnings per share for the quarter. The company had revenue of $1.52 million during the quarter.
About PharmChem
PharmChem, Inc provides PharmChek Sweat Patch that is used to detect drugs of abuse. Its PharmChek Sweat Patch uses sweat as the source and offers alternative to urine testing for cocaine, opiates, amphetamines, PCP, and marijuana. The company was incorporated in 2000 and is based in Fort Worth, Texas.
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