Company Psychemedics Corporation

Equities

PMD

US7443752057

Healthcare Facilities & Services

Market Closed - Nasdaq 04:30:00 2024-04-26 pm EDT 5-day change 1st Jan Change
2.55 USD +0.39% Intraday chart for Psychemedics Corporation -0.78% -13.85%

Business Summary

Psychemedics Corporation is a hair drug testing company. The Company provides testing services for the detection of drugs of abuse through the analysis of hair samples. Its testing methods utilize a patented technology that digests the hair and releases drugs trapped in the hair without destroying the drugs. The Company customizes its enzyme immunoassay (EIA) procedures to drug test hair samples. It provides screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, phenylcyclohexyl piperidine (PCP), amphetamines (including ecstasy, eve, and Adderall), opiates (including heroin, hydrocodone, hydromorphone, oxycodone and codeine), synthetic cannabinoids (including K2, Spice, Blaze), benzodiazepines (Xanax, Valium, and Ativan), nicotine, Fentanyl, and alcohol. The Company markets its corporate drug testing services through its own sales force, distributors, and partners. It markets its home drug testing service, PDT-90, through the Internet.

Number of employees: 116

Sales per Business

USD in Million2022Weight2023Weight Delta
Testing
84.4 %
22 85.6 % 19 84.4 % -13.64%
Shipping/Collection (Hair)
15.0 %
3 13.8 % 3 15.0 % -4.60%
Other
0.5 %
0 0.6 % 0 0.5 % -22.44%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
96.0 %
25 97.1 % 21 96.0 % -13.44%
International
4.0 %
1 2.9 % 1 4.0 % +20.66%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 23-08-16
Director of Finance/CFO 34 Nov. 26
Corporate Officer/Principal 38 23-09-20
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 22-08-11
Chairman 66 22-08-11
Director/Board Member 63 21-03-15
Director/Board Member 55 22-04-03
Chief Executive Officer 56 23-08-16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,473,611 4,487,967 ( 69.33 %) 668,000 ( 10.32 %) 69.33 %

Shareholders

NameEquities%Valuation
647,737 11.16 % 2 M $
Powell Anderson Capital Partners
5.381 %
312,199 5.381 % 914 743 $
22NW LP
4.730 %
274,418 4.730 % 804 045 $
Renaissance Technologies LLC
4.577 %
265,563 4.577 % 778 100 $
Vanguard Group, Inc. (Subfiler)
4.331 %
251,283 4.331 % 736 259 $
246,737 4.253 % 722 939 $
RBF Capital LLC
2.450 %
142,142 2.450 % 416 476 $
Ancora Family Wealth Advisors LLC
1.347 %
78,173 1.347 % 229 047 $
BlackRock Institutional Trust Co. NA
1.317 %
76,393 1.317 % 223 831 $
Wedbush Securities, Inc.
0.8388 %
48,664 0.8388 % 142 586 $

Company contact information

Psychemedics Corp.

5220 Spring Valley Road Suite 230

75254, Dallas

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http://www.psychemedics.com
address Psychemedics Corporation(PMD)
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