TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) Short Interest Up 72.8% in March

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 111,800 shares, a growth of 72.8% from the March 15th total of 64,700 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 94,200 shares, the days-to-cover ratio is currently 1.2 days.

Analyst Ratings Changes

Separately, HC Wainwright reaffirmed a “buy” rating and set a $3.50 target price on shares of TOMI Environmental Solutions in a report on Tuesday.

TOMI Environmental Solutions Price Performance

TOMI Environmental Solutions stock opened at $0.76 on Friday. The company has a market capitalization of $15.19 million, a price-to-earnings ratio of -5.84 and a beta of 1.01. The stock’s 50 day moving average is $0.84 and its 200-day moving average is $0.86. The company has a current ratio of 4.13, a quick ratio of 2.06 and a debt-to-equity ratio of 0.32. TOMI Environmental Solutions has a 12 month low of $0.53 and a 12 month high of $1.50.

TOMI Environmental Solutions (NASDAQ:TOMZ) last issued its quarterly earnings data on Monday, April 14th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). TOMI Environmental Solutions had a negative net margin of 31.29% and a negative return on equity of 34.10%. The firm had revenue of $1.07 million during the quarter, compared to analyst estimates of $3.45 million. During the same period in the prior year, the company earned ($0.06) earnings per share. Equities research analysts expect that TOMI Environmental Solutions will post -0.05 EPS for the current year.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, engages in the provision of environmental solutions for indoor air and surface disinfection and decontamination in the United States and internationally. The company’s disinfection solutions include SteraPak portable disinfection systems, SteraMist select surface units, SteraMist environment systems, SteraMist total disinfection carts, SteraMist transport units, NV+ fogging disinfection and decontamination systems, SteraMist custom engineered systems, SteraMist Hybrid disinfection systems, SteraMist integrated systems, Stainless Steel 90-Degree applicators, SteraMist plasma decontamination chambers, and iHP Corporate Service Decontamination, which provides full room, equipment, facility, and emergency disinfection and decontamination services.