Psychemedics (PMD)

$2.67 -0.05 (-1.84%)
Market Cap 15.74M
Revenue (ttm) 22.10M
Net Income (ttm) -4.15M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -18.78%
Debt to Equity Ratio 0.00
Volume 113,600
Avg Vol 35,668
Day's Range N/A - N/A
Shares Out 5.89M
Stochastic %K 51%
Beta 0.65
Analysts Strong Sell
Price Target N/A

Company Profile

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, oxycod...

Industry: Diagnostics & Research
Sector: Healthcare
Phone: 800 527 7424
Address:
5220 Spring Valley Road, Suite 230, Dallas, United States
HyperBulls
HyperBulls Apr. 22 at 1:33 PM
$INBS @HorseShaq19 It is likely that we will see a company acquisition or merger as you mentioned. Potential is hugeee $ABT Abbott Laboratories (ABT) Revenue: ~$40.1 billion (total), diagnostics segment ~$10 billion (including drug testing) Test Types: Urine, saliva (via Alere brand) $DGX Quest Diagnostics (DGX) Revenue: ~$9.3 billion (drug testing services ~20-25%) Test Types: Urine, blood, hair, saliva $OSUR OraSure Technologies (OSUR) Revenue: ~$400 million Test Types: Saliva (oral fluid test kits) $PMD Psychemedics Corporation (PMD) Revenue: ~$50 million Test Types: Hair Intelligent Bio Solutions (INBS) Revenue: ~$0.61 million Test Types: Fingerprint sweat (non-invasive)
0 · Reply
Esau815
Esau815 Apr. 2 at 1:18 PM
$PMD My bottom line assessment is that this was a multi step process: (1) was to reduce expenses to stem the cash bleed, (2) to wait out the trucking industry malaise and reap the benefits of its turnaround and (3) hope for good news from HHS regarding hair testing registry. Step 1 was within their control and I don't know how much more they can cut. Two thousand square foot office space? What's next? Sharing cell phones? Let's assume Hulligan did a good job. Step 2 and Step 3 is basically we have to wait and see. JBHT said that they foresee a turnaround. The wild card of HHS? Not expecting much but if that comes through--and it's anti Labor and Trump hates anything associated with Labor--that its' got a shot. At this point? You'll get more information from JBHT than you will PMDI regarding PMDI.
0 · Reply
Lowlow1
Lowlow1 Apr. 1 at 6:24 PM
$PMD Agmh very good price to jump in at 0.042 has to get to a dollar soon if I post again mybad we are holding over here
0 · Reply
Esau815
Esau815 Mar. 7 at 4:52 AM
$PMD This is a step by step story and will take a while to get there. Step 1 should happen in Q1 2025. At that point, the professional expenses to do the deal will have been completed and the cost saves that Hullinger has been working on for 15 months should start to follow the bottom line. Revenues a complete unknown. But if revenues even hold steady they should get to cash flow break even pretty quickly. Step 2 is when the trucking business picks up. JBHT is rather cautious about their growth but they mentioned adding 800 to 1,000 trucks to their fleet during the last CC. Step 3: is if HHS and then DOT takes steps to register and possibly require hair testing. Though the meeting is in May it's likely that will be kicked down the road a bit.
2 · Reply
Murph1968
Murph1968 Feb. 26 at 4:54 PM
$PMD Took some $2.29’s today. Feeling anything below $2.35 is a great purchase long term.
0 · Reply
Zen_Trades
Zen_Trades Feb. 7 at 9:29 PM
Holding heavy $BGI for a big move Monday. Looking for premarket $2's for a move to the low $3's intraday. Chart says it's time. $CERO: Could be setting up for a technical breakout on rising volume; an upcoming earnings catalyst could propel a near‐term move. Watching for the next move. $CRGX: Promising pipeline progress in its specialty sector has my attention. Show me don't tell me. $PMD: Robust sector demand and positive technical signals; short‐term price action suggests potential upward movement. Could be a near-term trade here.
0 · Reply
Esau815
Esau815 Feb. 6 at 3:13 AM
$PMD To quote Foreigner, "We're a long, long way from home". Let's see how the cost saves have worked. Then we'll worry about the revenues. Then we wait for the DOT decision about hair testing. Many steps.
1 · Reply
tlivian
tlivian Feb. 2 at 4:52 PM
$PMD man, I look at some of the theses on the $PMD feed and so many bad ideas being shared, net negative value when comes to high LT outperformance & just a lot of confusion & tail-following besides @Esau815
2 · Reply
Donald_Truck
Donald_Truck Feb. 1 at 4:23 AM
$BGI $CERO $CRGX $PMD bot accounts lol
0 · Reply
LisaBethK
LisaBethK Feb. 1 at 4:07 AM
Working on for next week: Holding heavy $BGI for a big move Monday. Looking for premarket $2's for a move to the low $3's intraday. $CERO: Could be setting up for a technical breakout on rising volume; an upcoming earnings catalyst could propel a near‐term move. Watching for the next move. $CRGX: Promising pipeline progress in its specialty sector has my attention. Show me don't tell me. $PMD: Robust sector demand and positive technical signals; short‐term price action suggests potential upward movement. Could be a near-term trade here.
0 · Reply
Latest News on PMD
No data available.
HyperBulls
HyperBulls Apr. 22 at 1:33 PM
$INBS @HorseShaq19 It is likely that we will see a company acquisition or merger as you mentioned. Potential is hugeee $ABT Abbott Laboratories (ABT) Revenue: ~$40.1 billion (total), diagnostics segment ~$10 billion (including drug testing) Test Types: Urine, saliva (via Alere brand) $DGX Quest Diagnostics (DGX) Revenue: ~$9.3 billion (drug testing services ~20-25%) Test Types: Urine, blood, hair, saliva $OSUR OraSure Technologies (OSUR) Revenue: ~$400 million Test Types: Saliva (oral fluid test kits) $PMD Psychemedics Corporation (PMD) Revenue: ~$50 million Test Types: Hair Intelligent Bio Solutions (INBS) Revenue: ~$0.61 million Test Types: Fingerprint sweat (non-invasive)
0 · Reply
Esau815
Esau815 Apr. 2 at 1:18 PM
$PMD My bottom line assessment is that this was a multi step process: (1) was to reduce expenses to stem the cash bleed, (2) to wait out the trucking industry malaise and reap the benefits of its turnaround and (3) hope for good news from HHS regarding hair testing registry. Step 1 was within their control and I don't know how much more they can cut. Two thousand square foot office space? What's next? Sharing cell phones? Let's assume Hulligan did a good job. Step 2 and Step 3 is basically we have to wait and see. JBHT said that they foresee a turnaround. The wild card of HHS? Not expecting much but if that comes through--and it's anti Labor and Trump hates anything associated with Labor--that its' got a shot. At this point? You'll get more information from JBHT than you will PMDI regarding PMDI.
0 · Reply
Lowlow1
Lowlow1 Apr. 1 at 6:24 PM
$PMD Agmh very good price to jump in at 0.042 has to get to a dollar soon if I post again mybad we are holding over here
0 · Reply
Esau815
Esau815 Mar. 7 at 4:52 AM
$PMD This is a step by step story and will take a while to get there. Step 1 should happen in Q1 2025. At that point, the professional expenses to do the deal will have been completed and the cost saves that Hullinger has been working on for 15 months should start to follow the bottom line. Revenues a complete unknown. But if revenues even hold steady they should get to cash flow break even pretty quickly. Step 2 is when the trucking business picks up. JBHT is rather cautious about their growth but they mentioned adding 800 to 1,000 trucks to their fleet during the last CC. Step 3: is if HHS and then DOT takes steps to register and possibly require hair testing. Though the meeting is in May it's likely that will be kicked down the road a bit.
2 · Reply
Murph1968
Murph1968 Feb. 26 at 4:54 PM
$PMD Took some $2.29’s today. Feeling anything below $2.35 is a great purchase long term.
0 · Reply
Zen_Trades
Zen_Trades Feb. 7 at 9:29 PM
Holding heavy $BGI for a big move Monday. Looking for premarket $2's for a move to the low $3's intraday. Chart says it's time. $CERO: Could be setting up for a technical breakout on rising volume; an upcoming earnings catalyst could propel a near‐term move. Watching for the next move. $CRGX: Promising pipeline progress in its specialty sector has my attention. Show me don't tell me. $PMD: Robust sector demand and positive technical signals; short‐term price action suggests potential upward movement. Could be a near-term trade here.
0 · Reply
Esau815
Esau815 Feb. 6 at 3:13 AM
$PMD To quote Foreigner, "We're a long, long way from home". Let's see how the cost saves have worked. Then we'll worry about the revenues. Then we wait for the DOT decision about hair testing. Many steps.
1 · Reply
tlivian
tlivian Feb. 2 at 4:52 PM
$PMD man, I look at some of the theses on the $PMD feed and so many bad ideas being shared, net negative value when comes to high LT outperformance & just a lot of confusion & tail-following besides @Esau815
2 · Reply
Donald_Truck
Donald_Truck Feb. 1 at 4:23 AM
$BGI $CERO $CRGX $PMD bot accounts lol
0 · Reply
LisaBethK
LisaBethK Feb. 1 at 4:07 AM
Working on for next week: Holding heavy $BGI for a big move Monday. Looking for premarket $2's for a move to the low $3's intraday. $CERO: Could be setting up for a technical breakout on rising volume; an upcoming earnings catalyst could propel a near‐term move. Watching for the next move. $CRGX: Promising pipeline progress in its specialty sector has my attention. Show me don't tell me. $PMD: Robust sector demand and positive technical signals; short‐term price action suggests potential upward movement. Could be a near-term trade here.
0 · Reply
Murph1968
Murph1968 Jan. 29 at 3:12 PM
$PMD Seems to be a big wall at $2 here. Eventually it will fall.
0 · Reply
Esau815
Esau815 Jan. 18 at 2:49 AM
$PMD Think it's important to clarify "going dark" from that of the "expert market". Unlike CLWY, PMD is NOT part of the expert market. Being in the expert market makes it extraordinarily difficult to buy any shares. You simply can't buy them from a Fidelity or a Schwab. And there's ZERO financial information released absent a signed NDA. PMDI (name change) is on the OTC Bulletin Board. This will prevent its purchase from some funds--but individuals will have an easy time buying it. There has been little public information regarding its plans to generate additional revenue. That is the stumbling block as of now. The cost saves do seem to be substantial and should fall to the bottom line relatively soon.
0 · Reply
Murph1968
Murph1968 Jan. 8 at 4:35 PM
$PMD Interesting seeing all the liquidity here since going dark. One would think it would be hard to get shares below$2.35. So far not the case.
0 · Reply
Esau815
Esau815 Jan. 5 at 1:28 AM
$PMD Bulletin Board is NOT completely dark. Limited quarterly financials will continue to be produced. There won't be proxies with detailed ownership or any 13 G-s or D's. The granularity of the reports will be limited. At this point we need to see where revenues are going and they will continue to release that.
0 · Reply
PennyWiseCalls
PennyWiseCalls Jan. 2 at 9:22 AM
$PMD pre market volume eyes 👀🚨🎁
0 · Reply
dln101
dln101 Dec. 23 at 4:18 PM
$ARTL low float canabis bios getting buys 🤔 $QNTM $TLRY $PMD 💪📈
1 · Reply
TwongStocks
TwongStocks Dec. 12 at 11:28 PM
$PMD According to FINRA, PMD will trade OTC effective tomorrow Dec 13. New ticker will be $PMDI. https://otce.finra.org/otce/dailyList
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NVDAMillionaire
NVDAMillionaire Dec. 11 at 12:18 AM
$PMD Psychemedics Corporation (PMD): Pioneering Hair Testing for Drug Detection https://beyondspx.com/article/psychemedics-corporation-pmd-pioneering-hair-testing-for-drug-detection
0 · Reply
Fib7867
Fib7867 Dec. 9 at 10:09 PM
$PMD #myPMDanalysis
0 · Reply
dButterz
dButterz Dec. 8 at 3:43 AM
$PMD https://gribio.com/gri-bio-to-participate-in-the-virtual-investor-closing-bell-series/
0 · Reply
First_Class_Seaman
First_Class_Seaman Dec. 7 at 8:48 PM
$ENTO check this one out. Ready to pop. $PMD hmmm on watch
0 · Reply