Swisher Hygiene (NASDAQ:SWSH) President and Chief Executive Steven Berrard Leaves

President and Chief Executive Officer of Swisher Hygiene, Inc (NASDAQ:SWSH) Steven Berrard have resigned.

The company reported on Monday that Executive Vice President Thomas Byrne would take over as interim president and Chief Executive Officer. Thomas Byrne has worked as executive vice president since November 2010.

Berrard, who is one of Swisher Hygiene Inc’s major shareholders, would remain a company’s board.

The cleaning sanitation products and services provider Swisher Hygiene reported in a separate statement on Monday that it received a letter from the NASDAQ previous week mention that it was not in compliance with its listing requirements, since the corporation did not file its Q2 financial results within due dates.

Its competitors include Ecolab Inc. (NYSE:ECL) which has market capitalization of 19.34 billion with 292.51 million outstanding shares.

Other services stocks include Sirius XM Radio Inc (NASDAQ:SIRI) whose market capitalization remained 9.81 billion, Lowe’s Companies, Inc. (NYSE:LOW) with a market cap. Of 30.90 billion, News Corp (NASDAQ:NWSA) having market capitalization of 54.59 billion, Best Buy Co., Inc. (NYSE:BBY) with a market capitalization of 6.17 billion, Staples, Inc. (NASDAQ:SPLS) with 7.67 billion and Delta Air Lines, Inc. (NYSE:DAL) with market capitalization of 8.04 billion.

Swisher Hygiene, Inc. (NASDAQ:SWSH) stock in current session held volume of 326,671.00 shares as compare to its average volume of 342,533.00 shares. The stock after opening at $1.66 hit high price of $1.75 and then trading at $1.66 by scoring -1.25%.

As the revenue measures SWSH generated revenue of 852.88 million in the following twelve months income of -$337.38 million. The Company showed a negative -39.56% in the net profit margin and in decline to in its operating margin which remained -21.34%. Company’s annual sales growth for the past five year was 9.57%.

The stock showed weekly downbeat performance of -18.05% which was maintained for the month at -22.22%. Likewise the negative performance for the quarter was recorded as -57.03% and for the year was -2.55% while the YTD performance remained at -55.08%.

The SWSH past twelve months price to sales ratio was 0.16 and price to cash ratio remained 0.68. As far as the returns are concern, the SWSH return on investment was recorded as -20.74% while its return on asset stayed at -18.46%.

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