The stock has a 36-month beta value of 1.95.
The public float for PMEC is 6.82M, and at present, short sellers hold a 2.13% of that float. On February 28, 2025, the average trading volume of PMEC was 623.35K shares.
PMEC) stock’s latest price update
Primech Holdings Ltd (NASDAQ: PMEC)’s stock price has soared by 8.99 in relation to previous closing price of 0.69. Nevertheless, the company has seen a gain of 10.12% in its stock price over the last five trading days. globenewswire.com reported 2025-02-25 that SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its acceptance into The GEAR Community Access Programme, hosted at The Kajima Lab for Global Engineering, Architecture & Real Estate.
PMEC’s Market Performance
Primech Holdings Ltd (PMEC) has seen a 10.12% rise in stock performance for the week, with a 13.04% gain in the past month and a 3.77% surge in the past quarter. The volatility ratio for the week is 7.24%, and the volatility levels for the past 30 days are at 10.15% for PMEC. The simple moving average for the past 20 days is 3.59% for PMEC’s stock, with a 11.12% simple moving average for the past 200 days.
PMEC Trading at 5.44% from the 50-Day Moving Average
After a stumble in the market that brought PMEC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.75% of loss for the given period.
Volatility was left at 10.15%, however, over the last 30 days, the volatility rate increased by 7.24%, as shares surge +12.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.85% lower at present.
During the last 5 trading sessions, PMEC rose by +12.01%, which changed the moving average for the period of 200-days by +4.84% in comparison to the 20-day moving average, which settled at $0.7318. In addition, Primech Holdings Ltd saw 12.16% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PMEC
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.14 for the gross margin
The net margin for Primech Holdings Ltd stands at -0.04. The total capital return value is set at -0.24. Equity return is now at value -27.25, with -7.33 for asset returns.
The debt to equity ratio resting at 1.39. The interest coverage ratio of the stock is -4.72.
Currently, EBITDA for the company is 1.3 million with net debt to EBITDA at -5.11. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 3.66for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.
Conclusion
To sum up, Primech Holdings Ltd (PMEC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
