Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Primech Holdings Ltd (NASDAQ: PMEC) was $0.75 for the day, up 8.82% from the previous closing price of $0.69. In other words, the price has increased by $8.82 from its previous closing price. On the day, 0.56 million shares were traded. PMEC stock price reached its highest trading level at $0.8481 during the session, while it also had its lowest trading level at $0.7142.
Ratios:
Our analysis of PMEC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 0.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PMEC now has a Market Capitalization of 28632626 and an Enterprise Value of 39972552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 0.551 whereas that against EBITDA is -11.097.
Stock Price History:
Over the past 52 weeks, PMEC has reached a high of $4.15, while it has fallen to a 52-week low of $0.49. The 50-Day Moving Average of the stock is 1.95%, while the 200-Day Moving Average is calculated to be -1.37%.
Shares Statistics:
PMEC traded an average of 75.79K shares per day over the past three months and 118720 shares per day over the past ten days. A total of 35.55M shares are outstanding, with a floating share count of 6.76M. Insiders hold about 82.23% of the company’s shares, while institutions hold 0.27% stake in the company. Shares short for PMEC as of 1734048000 were 151361 with a Short Ratio of 2.00, compared to 1731628800 on 130166. Therefore, it implies a Short% of Shares Outstanding of 151361 and a Short% of Float of 2.21.
