Primoris Services Corp (PRIM) current stock price is $108.59. During the last trading session, the stock soared, reaching $128.0 after opening at $108.59. The stock’s lowest point was $84.0 before it closed at $93.09.
Primoris Services Corp’s stock has had a calm market performance.
52-week price history of PRIM Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Primoris Services Corp’s current trading price is 12.93% away from its 52-week high, while its distance from the 52-week low is 136.50%. The stock’s price range for this period has remained between $45.92 and $96.16. The Industrials sector company’s shares managed to surpass a trading volume of around 2.7 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.93 million over the last three months.
Financial Performance and Market Capitalization
Primoris Services Corp (PRIM) has experienced a quarterly rise of 61.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.86B and boasts a workforce of 15716 employees.
Analysts’ Ratings For Primoris Services Corp
As of right now, 7 analysts are rating Primoris Services Corp as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 72.39, with a change in price of +42.91. Similarly, Primoris Services Corp recorded 944,855 in trading volume during the last 100 days, posting a change of +65.33%.
PRIM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PRIM stands at 0.70. Similarly, the long-term debt-to-equity ratio is also 0.56.
PRIM Stock Stochastic Average
As of today, the raw stochastic average of Primoris Services Corp over the past 50 days is 90.13%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 85.16%. Additionally, the Stochastic %K and %D values for the company were 76.63% and 78.58%, respectively, over the past 20 days.
PRIM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 102.48%. However, over the last six months, the performance has been weaker by 44.54%. The price of PRIM increased 27.56% over the last 30 days. And in the last five days, it has surged by 17.15%.
