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PMEC Stock: Exploring Primech Holdings Ltd’s Growth

52-week price history of PMEC Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Primech Holdings Ltd’s current trading price is -75.12% away from its 52-week high, while its distance from the 52-week low is 2.97%. The stock’s price range during this period has spanned from $1.01 to $4.18. In the Industrials sector, the Primech Holdings Ltd’s shares surpassed a trading volume of approximately 2.78 million for the day, which was noticeably higher compared to the average daily volume of 9.0.25 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Primech Holdings Ltd (PMEC) has experienced a quarterly decline of -50.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.97M and boasts a workforce of 3133 employees.

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Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.4319, with a change in price of -1.6600. Similarly, Primech Holdings Ltd recorded 235,922 in trading volume during the last 100 days, posting a change of -61.48%.

Examining PMEC’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PMEC stands at 2.46. Similarly, the long-term debt-to-equity ratio is also 0.88.

PMEC Stock Stochastic Average

Today, Primech Holdings Ltd’s raw stochastic average for the past 50 days stands at 0.96%, indicating a rise from the raw stochastic average of the last 20 days, which was 0.96%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 1.24% and 32.00% respectively.

PMEC Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -56.67%. The price of PMEC leaped by -63.51% over the last 30 days. And in the last five days, it has fallen by -72.77%.

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