52-week price history of PMEC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Primech Holdings Ltd’s current trading price is -81.82% away from its 52-week high, while its distance from the 52-week low is -8.24%. The stock’s price range during the 52-week period has remained between $0.83 and $4.18. In the Industrials sector, the company’s shares saw a trading volume of around 1.06 million for the day, which was evidently higher than the average daily volume of 0.34 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 -62.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.01M and boasts a workforce of 3133 employees.
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 2.3428, with a change in price of -2.7301. Similarly, Primech Holdings Ltd recorded 267,373 in trading volume during the last 100 days, posting a change of -78.23%.
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
As of today, Primech Holdings Ltd’s raw stochastic average for the last 50 days stands at 0.58%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 0.58%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 1.38% and 1.44%, respectively.
PMEC Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -68.34%. The price of PMEC leaped by -71.96% over the last 30 days. And in the last five days, it has fallen by -41.09%.
