Primega Group Holdings Ltd (NASDAQ: PGHL) is -74.64% lower on its value in year-to-date trading and has touched a low of $1.03 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 $1.14 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $1.07, the stock is -87.67% and -90.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -6.14% at the moment leaves the stock -89.85% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $11.71858 and a 200-day simple moving average (SMA200) of $10.628634.
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The stock witnessed a -89.52% in the last 1 month and extending the period to 3 months gives it a -93.28%, and is -26.71% 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 13.71% over the week and 90.39% over the month.
Primega Group Holdings Ltd (PGHL) has around 32 employees, a market worth around $25.68M and $13.50M in sales. Current P/E ratio is 21.84. Profit margin for the company is 8.10%. Distance from 52-week low is 3.88% and -99.00% 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
The shares outstanding are 24.00M, and float is at 6.16M with Short Float at 4.34%.