Primega Group (PGHL) Stock Price, News & Analysis

Company Overview

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Primega Construction. As a holding company with no material operations of its own, we conduct our operations in Hong Kong through our operating subsidiary, Primega Construction. Primega Construction is a provider of transportation services that employs environmentally friendly practices with the aim of facilitating reuse of C&D materials and reduction of construction waste. Through Primega Construction, we operate in the Hong Kong construction industry, mainly handling transportation of materials excavated from construction sites. Primega Construction principally provides the following services in Hong Kong (i) soil and rock transportation services; (ii) diesel oil trading; and (iii) construction works, which mainly includes ELS works and bored piling. We generally provide our services as a subcontractor to other construction contractors in Hong Kong. We generate the majority of our income from soil and rock transportation services provided by Primega Construction, which contributed 73.82%, 88.47% and 66.48% of our total revenue during the years ended March 31, 2022 and 2023 and the six months ended September 30, 2023, respectively. Primega Construction works with recyclers and other private contractors to repurpose and recycle excavated materials, reducing the volume of construction waste ending up in landfills, while lowering waste disposal fees incurred by its customers. Our principal executive office is located at Room 2912, 29/F., New Tech Plaza, 34 Tai Yau Street, San Po Kong, Kowloon, Hong Kong. Our registered office in the Cayman Islands is located at the office of Appleby Global Services (Cayman) Limited, 71 Fort Street, PO Box 500, George Town, Grand Cayman, KY1–1106, Cayman Islands. Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor, New York.

Key Stats

• Today's Range: $13.23 to $14.65
• 50-Day Range: $6.25 to $20.64
• 52-Week Range: $3.60 to $22.50
• Volume: 55,858 shs
• Average Volume: 178,476 shs
• Market Capitalization: $345.60 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

PGHL Stock Analysis - Frequently Asked Questions

How have PGHL shares performed this year?

Primega Group's stock was trading at $5.44 at the start of the year. Since then, PGHL shares have increased by 164.7% and is now trading at $14.40.
View the best growth stocks for 2024 here.

When did Primega Group IPO?

Primega Group (PGHL) raised $9 million in an initial public offering (IPO) on Tuesday, July 23rd 2024. The company issued 1,800,000 shares at a price of $4.00-$6.00 per share. Bancroft Capital LLC served as the underwriter for the IPO.

When does Primega Group's lock-up period expire?

Primega Group's lock-up period expires on Monday, January 20th. Primega Group had issued 1,750,000 shares in its IPO on July 23rd. The total size of the offering was $7,000,000 based on an initial share price of $4.00. After the end of Primega Group's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

How do I buy shares of Primega Group?

Shares of PGHL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Primega Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Primega Group investors own include Arch Capital Group (ACGL), Adobe (ADBE), Analog Devices (ADI), Alnylam Pharmaceuticals (ALNY), Amgen (AMGN), AstraZeneca (AZN) and Baidu (BIDU).

Company Calendar

• Today: 11/02/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: General building contractors - nonresidential buildings
• Sub-Industry: Construction
• Current Symbol: NASDAQ:PGHL
• CUSIP: N/A
• CIK: 1966678
• Web: N/A
• Phone: 852-3997-3682
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.73
• Current Ratio: 1.41
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: $13.46 million
• Price / Sales: 25.67
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 24,000,000
• Free Float: N/A
• Market Cap: $345.60 million
• Optionable: N/A
• Beta: N/A