TOMI Environmental Solutions (NASDAQ:TOMZ) Given Buy Rating at HC Wainwright

TOMI Environmental Solutions (NASDAQ:TOMZ)‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a research report issued on Thursday, Benzinga reports. They currently have a $3.50 price target on the stock. HC Wainwright’s price objective indicates a potential upside of 269.16% from the stock’s previous close.

TOMI Environmental Solutions Price Performance

Shares of TOMI Environmental Solutions stock opened at $0.95 on Thursday. The firm has a market cap of $18.98 million, a PE ratio of -5.27 and a beta of 1.31. TOMI Environmental Solutions has a twelve month low of $0.52 and a twelve month high of $1.19. The company has a quick ratio of 2.06, a current ratio of 3.84 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $0.81 and a 200 day moving average price of $0.79.

Institutional Inflows and Outflows

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Dynamic Advisor Solutions LLC boosted its stake in shares of TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 150.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 50,000 shares of the company’s stock after acquiring an additional 30,000 shares during the period. Dynamic Advisor Solutions LLC owned about 0.25% of TOMI Environmental Solutions worth $40,000 at the end of the most recent quarter. 4.77% of the stock is currently owned by hedge funds and other institutional investors.

TOMI Environmental Solutions Company Profile

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.