Primega Group Holdings Ltd (NASDAQ: PGHL) is -63.27% lower on its value in year-to-date trading and has touched a low of $1.31 and a high of $107.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PGHL stock was last observed hovering at around $1.66 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $1.55, the stock is -87.38% and -88.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.54 million and changing -6.63% at the moment leaves the stock -86.16% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $13.48058 and a 200-day simple moving average (SMA200) of $11.2960615.
The stock witnessed a -88.69% in the last 1 month and extending the period to 3 months gives it a -88.85%, and is -25.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 21.66% over the week and 91.34% over the month.
Primega Group Holdings Ltd (PGHL) has around 32 employees, a market worth around $37.20M and $13.50M in sales. Current P/E ratio is 31.63. Profit margin for the company is 8.10%. Distance from 52-week low is 18.32% and -98.56% from its 52-week high. The company has generated returns on investments over the last 12 months (12.90%).
The EPS is expected to shrink by -5.80% this year.
Primega Group Holdings Ltd (PGHL) Top Institutional Holders
The shares outstanding are 24.00M, and float is at 6.16M with Short Float at 1.60%.
Primega Group Holdings Ltd (PGHL) Insider Activity
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