Added to YB: 2024-12-05
Pitch date: 2024-12-02
PMD [bullish]
Psychemedics Corporation
-25.11%
current return
Author Info
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Company Info
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.
Market Cap
$14.4M
Pitch Price
$2.35
Price Target
8.10 (+360%)
Dividend
N/A
EV/EBITDA
-148.49
P/E
-7.34
EV/Sales
0.72
Sector
Health Care Providers and Services
Category
special_situation
($PMD) Psychemedics Corp: Hair today, sold tomorrow
PMD: Kamin tripling stake to 35% in going-private deal at $2.35/sh. Expects $7+ sale price post-turnaround. Prior $12 offer in 2021. Mirus valuation: $3.60-$8.10. Risks: illiquidity, uncertain timeline. Catalysts: cost-cutting, sale. Trump admin drug policy tailwind.
Read full article (10 min)