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NASDAQ:PMEC

Primech (PMEC) Stock Price, News & Analysis

Primech logo
$0.73 -0.03 (-3.68%)
(As of 12/27/2024 05:30 PM ET)

About Primech Stock (NASDAQ:PMEC)

Key Stats

Today's Range
$0.72
$0.76
50-Day Range
$0.68
$0.85
52-Week Range
$0.49
$4.15
Volume
104,332 shs
Average Volume
647,841 shs
Market Capitalization
$27.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Primech Holdings Ltd. provides facilities and stewarding services in the public and private sectors in Singapore. Its facilities services include educational institutions cleaning, airport cleaning, and conservancy areas cleaning services, as well as offers cleaning of hotels, public spaces, roads, condominium, office, industrial, and retail stores. The company offers housekeeping services; specialized cleaning services, including marble polishing, building façade cleaning, and clean room sanitation services; and waste management and pest control services. In addition, it provides stewarding services comprising cleaning of the kitchen area of healthcare facilities, hotels, and restaurants, as well as supplies ad hoc customer service officers, and food and beverage service crews to healthcare facilities, hotels, and restaurants. Further, the company operates HomeHelpy, an online portal that allows individual customers to book cleaning services in homes and offices; and manufactures and sells cleaning supplies, such as hand soaps, hand soap dispensers, cleaning fluids, and garbage bags used for general, floor, carpet, restroom, or kitchen purposes, as well as treatment products used in the marine industry under the D'Bond brand name. The company was incorporated in 2020 and is based in Singapore. Primech Holdings Ltd. is a subsidiary of Sapphire Universe Holdings Limited.

Primech Stock Analysis - MarketRank™

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14th Percentile Overall Score

PMEC MarketRank™: 

Primech scored higher than 14% of companies evaluated by MarketBeat, and ranked 309th out of 334 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Primech.

  • Price to Book Value per Share Ratio

    Primech has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.24% of the float of Primech has been sold short.
  • Short Interest Ratio / Days to Cover

    Primech has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Primech has recently decreased by 10.10%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Primech does not currently pay a dividend.

  • Dividend Growth

    Primech does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.24% of the float of Primech has been sold short.
  • Short Interest Ratio / Days to Cover

    Primech has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Primech has recently decreased by 10.10%, indicating that investor sentiment is improving significantly.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Primech this week, compared to 0 articles on an average week.
  • Search Interest

    1 people have searched for PMEC on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added Primech to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Primech insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    88.06% of the stock of Primech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Primech's insider trading history.
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PMEC Stock News Headlines

Primech (NASDAQ:PMEC) Trading 1.5% Higher - Should You Buy?
TSLA *BANG* incoming (bullet in the chamber rn)
I just pinpointed 5 dirt-cheap stocks that could soar the second the shot goes off. Thanks to Donald Trump’s promise, and a secret Elon project set to revolutionize a $23 Trillion market…
Primech Holdings files $50M mixed securities shelf
Primech Holdings receives noncompliance notification from Nasdaq
See More Headlines

PMEC Stock Analysis - Frequently Asked Questions

Primech's stock was trading at $2.40 at the beginning of 2024. Since then, PMEC shares have decreased by 69.5% and is now trading at $0.7320.
View the best growth stocks for 2024 here
.

Primech (PMEC) raised $14 million in an IPO on the week of October 9th 2023. The company issued 3,100,000 shares at $4.00-$5.00 per share. Spartan Capital Securities served as the underwriter for the IPO.

Shares of PMEC 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.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Primech investors own include Top KingWin (TCJH), Top KingWin (TCJH), Cogent Communications (CCOI), Cavco Industries (CVCO), Fitell (FTEL), J-Long Group (JL) and Liberty Broadband (LBRDK).

Company Calendar

Today
12/28/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Services to dwellings & other buildings
Sub-Industry
Business Services
Current Symbol
NASDAQ:PMEC
Previous Symbol
NASDAQ:PMEC
Fax
N/A
Employees
2,744
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$72.52 million
Book Value
$0.42 per share

Miscellaneous

Free Float
N/A
Market Cap
$27.91 million
Optionable
Not Optionable
Beta
2.81
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This page (NASDAQ:PMEC) was last updated on 12/28/2024 by MarketBeat.com Staff
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