Parlux Fragrances, Inc. (NASDAQ:PARL)
CAPS Rating:
The Company is engaged in the creation, design, manufacture, and distribution and sale of prestige fragrances and beauty related products.
The Company is engaged in the creation, design, manufacture, and distribution and sale of prestige fragrances and beauty related products.
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Stock saw 202% increase in past few weeks. Low price attributed to accusations of fraudulent accounting activity in 2007, which proved untrue (fell from $16 to $3). Company is under new management and is releasing several new products. Target market is looking for less than designer prices for fragrances. Also, very low debt ratio.