TOMI Environmental Solutions (NASDAQ:TOMZ) Raised to “Hold” at Wall Street Zen

TOMI Environmental Solutions (NASDAQ:TOMZ) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TOMI Environmental Solutions in a report on Friday, May 29th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

TOMI Environmental Solutions Trading Down 5.5%

Shares of TOMZ stock opened at $1.54 on Friday. The stock has a market cap of $12.54 million, a price-to-earnings ratio of -2.44 and a beta of 1.88. The stock has a 50-day moving average of $2.38 and a 200-day moving average of $2.17. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 4.95. TOMI Environmental Solutions has a 1-year low of $1.39 and a 1-year high of $3.60.

TOMI Environmental Solutions (NASDAQ:TOMZ) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.12) EPS for the quarter, hitting analysts’ consensus estimates of ($0.12). The company had revenue of $1.65 million for the quarter, compared to analyst estimates of $1.69 million. TOMI Environmental Solutions had a negative return on equity of 315.96% and a negative net margin of 75.34%. On average, equities research analysts forecast that TOMI Environmental Solutions will post -0.48 earnings per share for the current year.

Institutional Trading of TOMI Environmental Solutions

A hedge fund recently raised its stake in TOMI Environmental Solutions stock. Susquehanna International Group LLP lifted its holdings in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,280 shares of the company’s stock after acquiring an additional 30,361 shares during the period. Susquehanna International Group LLP owned approximately 0.50% of TOMI Environmental Solutions worth $104,000 as of its most recent filing with the Securities and Exchange Commission. 4.77% of the stock is owned by institutional investors and hedge funds.

About TOMI Environmental Solutions

TOMI Environmental Solutions, Inc is a provider of infection prevention and control technologies, specializing in advanced decontamination and disinfection solutions. The company develops and manufactures a range of proprietary products, including electrostatic sprayers, thermal foggers, vaporized hydrogen peroxide systems and mobile decontamination chambers. These technologies are designed to deliver broad-spectrum pathogen kill and odor elimination in both occupied and unoccupied spaces.

In addition to its equipment offerings, TOMI provides chemical disinfectants and surface coatings formulated to meet regulatory standards for hospital‐grade efficacy.