PMD
Price:
$2.335
Market Cap:
$13.76M
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, and PCP; amphetamines, including ecstasy, eve, and Adderall; opiates, such as heroin, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine; synthetic cannabinoids comprising K2, Spice, and Blaze; benzodiazepines consisting of Xanax, Valium, and Ativan; and nicotine and Fentanyl. Its testing results provide quantitative information that could indicate the approximate amount of drug inges...[Read more]
Industry
Medical - Diagnostics & Research
IPO Date
1987-01-22
Stock Exchange
NASDAQ
Ticker
PMD
According to Psychemedics Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.59. This represents a change of 4.17% compared to the average of 1.53 of the last 4 quarters.
The mean historical Current Ratio of Psychemedics Corporation over the last ten years is 2.40. The current 1.59 Current Ratio has changed 6.54% with respect to the historical average. Over the past ten years (40 quarters), PMD's Current Ratio was at its highest in in the December 2018 quarter at 3.42. The Current Ratio was at its lowest in in the December 2023 quarter at 1.45.
Average
2.40
Median
2.39
Minimum
1.45
Maximum
3.42
Discovering the peaks and valleys of Psychemedics Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 35.90%
Maximum Annual Current Ratio = 3.42
Minimum Annual Increase = -35.53%
Minimum Annual Current Ratio = 1.45
Year | Current Ratio | Change |
---|---|---|
2023 | 1.45 | -17.07% |
2022 | 1.74 | -1.22% |
2021 | 1.76 | -27.56% |
2020 | 2.44 | 10.58% |
2019 | 2.20 | -35.53% |
2018 | 3.42 | 4.10% |
2017 | 3.28 | 35.90% |
2016 | 2.41 | 1.78% |
2015 | 2.37 | -19.33% |
2014 | 2.94 | -12.61% |
The current Current Ratio of Psychemedics Corporation (PMD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.65
5-year avg
1.92
10-year avg
2.40
Psychemedics Corporation’s Current Ratio is less than FONAR Corporation (9.64), less than Burning Rock Biotech Limited (3.11), less than Sera Prognostics, Inc. (2.11), less than Olink Holding AB (publ) (5.60), less than LumiraDx Limited (2.91), greater than Genetron Holdings Limited (0), greater than DarioHealth Corp. (1.57), less than Neuronetics, Inc. (3.16), less than Castle Biosciences, Inc. (7.78), less than Exagen Inc. (4.05), less than Sotera Health Company (2.88),
Company | Current Ratio | Market cap |
---|---|---|
9.64 | $103.11M | |
3.11 | $54.55M | |
2.11 | $214.54M | |
5.60 | $3.24B | |
2.91 | $0 | |
0 | $127.29M | |
1.57 | $28.80M | |
3.16 | $26.86M | |
7.78 | $834.90M | |
4.05 | $72.31M | |
2.88 | $3.63B |
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