In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $1.20 in the prior trading day, Primega Group Holdings Ltd (NASDAQ: PGHL) closed at $1.19, down -0.83%. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 0.58 million shares were traded. PGHL stock price reached its highest trading level at $1.3092 during the session, while it also had its lowest trading level at $1.1607.
Ratios:
Our goal is to gain a better understanding of PGHL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 0.72.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PGHL now has a Market Capitalization of 28560002 and an Enterprise Value of 32959350. As of this moment, Primega’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 6.26. Its current Enterprise Value per Revenue stands at 2.448 whereas that against EBITDA is 11.409.
Stock Price History:
Over the past 52 weeks, PGHL has reached a high of $107.36, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -85.09%, while the 200-Day Moving Average is calculated to be -87.42%.
Shares Statistics:
The stock has traded on average 2.63M shares per day over the past 3-months and 1642510 shares per day over the last 10 days, according to various share statistics. A total of 24.00M shares are outstanding, with a floating share count of 6.16M. Shares short for PGHL as of 1734048000 were 1098150 with a Short Ratio of 0.48, compared to 1731628800 on 98357. Therefore, it implies a Short% of Shares Outstanding of 1098150 and a Short% of Float of 17.83.
