Psychemedics (PMD) Releases Quarterly Earnings Results
Psychemedics (NYSE:PMD) issued its quarterly earnings data on Tuesday. The company reported $0.14 earnings per share (EPS) for the quarter, Stock Ratings Network reports. The company had revenue of $7.00 million for the quarter, compared to the consensus estimate of $6.40 million.
Shares of Psychemedics (NYSE:PMD) traded up 2.37% on Tuesday, hitting $15.969. 4,904 shares of the company’s stock traded hands. Psychemedics has a 52 week low of $10.55 and a 52 week high of $18.76. The stock has a 50-day moving average of $16.92 and a 200-day moving average of $15.4. The company has a market cap of $85.0 million and a P/E ratio of 21.73.
The company also recently declared a quarterly dividend, which is scheduled for Monday, May 19th. Stockholders of record on Friday, May 9th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.85%.
Psychemedics Corporation (NYSE:PMD) provides testing services for the detection of abused substances through the analysis of hair samples.
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