TOMI Environmental Solutions (NASDAQ:TOMZ) Trading 1.6% Higher – Time to Buy?

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) was up 1.6% on Friday . The company traded as high as $0.96 and last traded at $0.94. Approximately 24,909 shares traded hands during trading, a decline of 61% from the average daily volume of 64,065 shares. The stock had previously closed at $0.93.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating and issued a $3.50 price objective on shares of TOMI Environmental Solutions in a research note on Thursday, October 31st.

TOMI Environmental Solutions Stock Up 1.6 %

The stock has a market capitalization of $18.81 million, a price-to-earnings ratio of -7.23 and a beta of 1.02. The firm has a 50 day simple moving average of $0.98 and a 200-day simple moving average of $0.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.13 and a quick ratio of 2.06.

About TOMI Environmental Solutions

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.