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Market Cap 28.74M P/E - EPS this Y - Ern Qtrly Grth -
Income -4.56M Forward P/E - EPS next Y - 50D Avg Chg 5.00%
Sales 20.79M PEG - EPS past 5Y 6.52% 200D Avg Chg -7.00%
Dividend 6.00% Price/Book 2.80 EPS next 5Y 20.00% 52W High Chg -28.00%
Recommedations - Quick Ratio 1.20 Shares Outstanding 5.82M 52W Low Chg 21.00%
Insider Own 22.62% ROA -16.24% Shares Float 4.29M Beta 0.68
Inst Own 20.49% ROE -61.33% Shares Shorted/Prior 33.83K/30.09K Price 5.01
Gross Margin 37.63% Profit Margin -21.93% Avg. Volume 13,172 Target Price -
Oper. Margin -19.01% Earnings Date Nov 7 Volume 2,010 Change 0.10%
About Psychemedics Corporation

Psychemedics Corporation, together with its subsidiaries, engages in the provision of testing services for the detection of drugs of abuse and other health markers through the analysis of hair samples in the United States and internationally. It offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, and PCP; amphetamines, including ecstasy, eve, and Adderall; opioids, such as heroin metabolite, morphine, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine; synthetic cannabinoids comprising K2, Spice, and Blaze; benzodiazepines consisting of Xanax, Valium, and Ativan; and nicotine, fentanyl and fentanyl analogs, and alcohol. The company's testing results provide quantitative information that could indicate the approximate amount of drug ingested, as well as historical data that could show a pattern of individual drug use over a longer period-of-time. It offers its services to employers for job applicant and employee testing; and treatment professionals, law enforcement agencies, school administrators, and parents concerned about their children's drug use. The company was incorporated in 1986 and is headquartered in Dallas, Texas.

PMD Chatroom

User Image AubreyPlaza Posted - 3 days ago

@Benny_Hanna $PMD is also doing the same thing as $CMND

User Image Esau815 Posted - 1 week ago

$PMD Today's press release perhaps the least illuminating press release ever. Three month and nine month P&L No mention of cash. No business commentary. Zilch. And there won't even be this a few months from now. They lost $500K but you have to think that their professional fees were through the roof to get this deal done. So my guess is that they're pretty close to break even. Cash on hand is a biggy. They don't have a ton of wiggle room here.

User Image tlivian Posted - 2 months ago

@Esau815 I get that with hair you get to see far back and urine is only for a very short look back window, but from my DD couldn't find much about companies preferring $PMD or making any differentiation. Not to say it doesn't exist, also why I mainly stick to consumer facing products/services, since more familiar. I tried finding conversations of business owners or HR staff related to hiring and drug testing, but didn't come up with much. Where do you recommend digging into for DD on this one to validate the business case for the idea? Or are you mainly coat-tailing Kamin and his reputation and past?

User Image tlivian Posted - 2 months ago

@Esau815 from a product perspective what do you think? I did some digging and $PMD is mighty proud of their patented process, but employers don't seem to care as much about that distinction. Labs like $DGX and $LH offer similar services and have partnered with different labs, while also offering the more common urine drug test. Do you think with that annual savings of not being a public company they can make a dent or with the issues with trying to be a public company they were stretched too thin or possibly sandbagging to buy the company for a song?

User Image tlivian Posted - 2 months ago

$PMD SHAREHOLDER!!! How do you feel about the $2.35 buyout? Curious to hear what holders above 4-6k and below think...

User Image Stock_Titan Posted - 08/29/24

$PMD Psychemedics Corporation Launches New Ketamine Hair Testing Service https://www.stocktitan.net/news/PMD/psychemedics-corporation-launches-new-ketamine-hair-testing-akiy1g0sa9ok.html

User Image Esau815 Posted - 3 months ago

$PMD Response to Detective: 1. First of all. Thanks for the thoughtful reply. I enjoy debate and positions that don't echo my own. The best way for me to avoid losses is have people who disagree with me. Thus, if this dialogue continues, please note that I disagree with respect. 2. That said. It looks like we're pretty well aligned. What we both emphatically agree on is that the immediate future is one big question mark. Especially with regard to employment numbers. 3. What piques my interest is Hullinger and Cisive. Cisive greatly expanded their TAM by doing background checks on PRESENT employees as well as PROSPECTIVE employees. If hair testing could be expanded to PRESENT employees it would be a great opportunity. 4. At the end of the day? Kubacki ran this into the ground and the new team looks promising. It will take time to undo Kubacki's inertia and the majority owner is motivated to turn this around.

User Image Esau815 Posted - 3 months ago

$PMD For those holding? You'll need a minimum of 4,000 shares--maybe up to 6,000 shares--not to be cashed out. In return you get a cash strapped company whose sales are declining and whose prospects--right now--seem limited. You'll also get zero information about the company (unless you sign an NDA) and virtually no marketplace to sell because it's going dark. And virtually no timeline or deadline to speak of when you'll get a liquidity event. That said? Like a coyote, the orchestrator works very well in the dark. He's very patient. Word is that the new team is very on the ball. He's putting big money and his name's on the line. In 2029 you might wake up and say, "Why didn't I roll the dice on this one?" High risk. Very uncertain future--especially near term. Lots of blindfolding type of investing. But long term potentially big money.

User Image LewisDaKat Posted - 3 months ago

News Article $PMD Psychemedics Corporation Reports Second Quarter 2024 Financial Results https://marketwirenews.com/news-releases/psychemedics-corporation-reports-second-quarter-2024-6286203336925674.html $PMD

User Image Stock_Titan Posted - 3 months ago

$PMD Psychemedics Corporation Reports Second Quarter 2024 Financial Results https://www.stocktitan.net/news/PMD/psychemedics-corporation-reports-second-quarter-2024-financial-hhf4x6o4o1bp.html

User Image LewisDaKat Posted - 3 months ago

$PMD News out Psychemedics Corp. (NASDAQ: PMD) Near the Top of Equities by Percentage Gain on 8/13 https://marketwirenews.com/news-releases/psychemedics-corp-nasdaq-pmd-near-the-top-of-equitie-7603170860864349.html $PMD

User Image topstockalerts Posted - 3 months ago

Top Gainers PT2 $ESOA $ORGS $AILE $PMD $ZPTA Details: https://topstockalerts.com/market-gainers-and-losers/

User Image CuddlesTheStripperIndex Posted - 3 months ago

$PMD

User Image Candyman_Trader Posted - 3 months ago

watching at open $HUYA float is high though 🤷 $PSIG for possible continuation $PMD looks bullish off a lukewarm catalyst $CXAI 10m float... 4% shorted... 'google' catalyst. FOCUS HERE IMO 🤷‍♀️ $GNLN if you like HIGH RISK trades, this might keep going OR fail terribly! not my type of play following yesterday's price action 🤷‍♂️

User Image OpenOutcrier Posted - 3 months ago

$PMD (+24.6% pre) Psychemedics approves plan to terminate registration of common stock - SA https://ooc.bz/l/40059

User Image topstockalerts Posted - 3 months ago

Pre Market Top Gainers $VEV $CXAI $NTBL $MKDW $PMD

User Image THEINVESTMENTSWAMI Posted - 3 months ago

$PMD 🚨🚨PMD🚨🚨- STILL WATCHING 👁️💯👁️💯👁️

User Image Esau815 Posted - 3 months ago

$PMD My guess is that this goes north of Kamin's $2.35 offering price and then some. He isn't going through this exercise for recreation. Highly likely that he sees opportunity at this price to greatly expand the business. Gets rid of all the small shareholders.

User Image DARKP00L Posted - 3 months ago

$PMD Psychemedics Corporation's Board of Directors Approves Plan to Terminate Registration of Its Common Stock

User Image _SkankHunt42 Posted - 3 months ago

$PMD what was the ticker here before?

User Image NVDAMillionaire Posted - 3 months ago

$PMD Psychemedics Corporation (PMD): Navigating Headwinds in the Drug Testing Market http://beyondspx.com/2024/08/01/psychemedics-corporation-pmd-navigating-headwinds-in-the-drug-testing-market/

User Image Esau815 Posted - 07/27/24

$PMD Fantasy scenario is that they do a shareholder rights offering with Kamin backing up the deal. Kamin endorsement in of itself would likely bolster the stock price.

User Image Esau815 Posted - 3 months ago

$PMD Hard to determine the cash burn when there have been so many one time expenses like moving to Dallas and hiring the top two people. And now getting out of the lab lease. Seems like a lot of cash is mop up stuff. The great unknown of course is whether they can stabilize or increase revenues so offset the burn.

User Image Murph1968 Posted - 4 months ago

$PMD Added a few today on this weakness. I worry they will need to do a raise though.

User Image Esau815 Posted - 4 months ago

$PMD Recent filing indicates that they got rid of their Culver City lease. Cost them $110K up front to save $250K later. More importantly, it provides $PMD an opportunity to relocate the lab to a more advantageous location--likely closer to their Dallas headquarters.

User Image Esau815 Posted - 4 months ago

$PMD Very, very early. Have heard very positive things about the new management team--especially the Chief Revenue Officer. Take a look at their compensation package. IF they turn this around they will be richly rewarded. This team did a very good job with Cisive eventually selling to GTCR for a ton of money. LOTS of uncertainty as to how they will expand the business. But given their baseline and $15MM market cap it wouldn't take much additional business to move the revenue needle. If you're looking for a quick turn around with immediate catalysts, this one isn't for you. But this could be one where you're in 2027 and look back and ask, "Why didn't I get involved with this when the management team was obviously first rate and they'd be compensated for doing what they did." Obviously, the earlier you buy the more risk that you take.

User Image donthaveone Posted - 05/29/24

$PMD oooof not good

User Image Fredzel Posted - 6 months ago

$PDD $PYPD $PMD

User Image Murph1968 Posted - 6 months ago

$PMD Disappointing q1…I had much higher expectations.

User Image Stock_Titan Posted - 6 months ago

$PMD Psychemedics Corporation Reports First Quarter 2024 Financial Results https://www.stocktitan.net/news/PMD/psychemedics-corporation-reports-first-quarter-2024-financial-6caqaofy9kxr.html

Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Doucot Charles M Executive Vice Presi.. Executive Vice President Aug 17 Sell 4.66 12,700 59,182 23,250 08/21/23
Kamin Peter 10% Owner 10% Owner Apr 07 Buy 6.74 7,000 47,180 205,072 04/11/22
Kamin Peter 10% Owner 10% Owner Mar 30 Buy 6.9 12,403 85,581 128,038 03/31/22