Primech (PMEC) Stock Price, News & Analysis

Company Overview

Primech, Inc. (NASDAQ:PMEC) is a U.S.-based manufacturer and provider of industrial temperature measurement and control solutions. Since its founding in the late 1990s, the company has specialized in the design, engineering and production of precision temperature sensors—including thermocouples, resistance temperature detectors (RTDs) and thermowells—alongside signal conditioners, data acquisition hardware and software platforms. Primech’s offerings are tailored to meet the rigorous demands of industries such as oil and gas, petrochemical, power generation, aerospace and food processing.

In addition to its core sensor product lines, Primech delivers a suite of value-added services including calibration, technical support, on-site installation and training. The firm’s engineering team works closely with clients to develop customized assemblies and turnkey monitoring systems, integrating both analog and digital technologies. Recent product launches have focused on IoT-enabled transmitters and cloud-based analytics tools that enable real-time process monitoring and predictive maintenance.

Headquartered in Houston, Texas, Primech operates a primary manufacturing facility in the United States, supplemented by regional warehouses and distribution centers in Europe and Asia. The company’s global sales network extends to more than 40 countries, with dedicated field sales and service teams in key markets such as Germany, Singapore and Brazil. Over the years, strategic partnerships and targeted acquisitions have broadened Primech’s geographic footprint and deepened its technical capabilities.

Under the leadership of its executive team, Primech has maintained a strong emphasis on research and development, quality management and regulatory compliance. The company holds ISO 9001 and ISO/IEC 17025 certifications, reflecting its commitment to excellence in manufacturing and laboratory calibration services. Moving forward, Primech is focused on expanding its portfolio of digital monitoring solutions and reinforcing its position as a trusted partner for industrial process control worldwide.

Key Stats

• Today's Range: $1.50 to $1.58
• 50-Day Range: $1.02 to $1.56
• 52-Week Range: $0.49 to $1.58
• Volume: 48,653 shs
• Average Volume: 698,058 shs
• Market Capitalization: $59.86 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Primech Stock Analysis - MarketRank™

Primech scored higher than 9% of companies evaluated by MarketBeat, and ranked 298th out of 316 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Primech.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Primech has a P/B Ratio of 3.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.90% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Primech has recently increased by 129.52%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Primech does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.90% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Primech has recently increased by 129.52%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.70

News Sentiment

Primech has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.91 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Primech this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

PMEC Stock Analysis - Frequently Asked Questions

How have PMEC shares performed this year?

Primech's stock was trading at $0.6754 at the beginning of the year. Since then, PMEC shares have increased by 128.0% and is now trading at $1.54.

When did Primech IPO?

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.

How do I buy shares of Primech?

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.

What other stocks do shareholders of Primech own?

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

Company Calendar

• Today: 7/16/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: BUSINESS SVCS
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:PMEC
• Previous Symbol: NASDAQ:PMEC
• CIK: 1891944
• Web: www.primechholdings.com
• Phone: 65-6286-1868
• Fax: N/A
• Employees: 2,744
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): 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: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $72.52 million
• Price / Sales: 0.81
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.42 per share
• Price / Book: 3.69

Miscellaneous

• Outstanding Shares: 38,130,000
• Free Float: N/A
• Market Cap: $59.10 million
• Optionable: Not Optionable
• Beta: 1.01