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Added to YB: 2024-10-25

Pitch date: 2024-10-23

PCHM [bullish]

PharmChem, Inc.

+13.64%

current return

Author Info

Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.

Company Info

PharmChem, Inc. provides PharmChek Sweat Patch that is used to detect drugs of abuse. Its PharmChek Sweat Patch uses sweat as the source and offers alternative to urine testing for cocaine, opiates, amphetamines, PCP, and marijuana.

Market Cap

$15.2M

Pitch Price

$3.30

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

-9.37

EV/Sales

N/A

Sector

Health Care Equipment and Supplies

Category

value

Show full summary:
Cedar Creek Partners Portfolio Holding: PharmChem, Inc.

PCHM: Sweat patch drug test maker. Q2 EPS $0.123 ($0.079 ex-options). 7.1% H1 patch sales growth (ex-top customer). Fund owns 33%, chairman role. $0.25 special dividend paid. Bid price up to $3.36/share in Q3.

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