The trading price of Primega Group Holdings Ltd (NASDAQ:PGHL) closed higher on Friday, December 06, and closing at $1.66, 24.34% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.53 and $1.95. The company’s P/E ratio in the trailing 12-month period was 33.88. In examining the 52-week price action we see that the stock hit a 52-week high of $107.36 and a 52-week low of $1.31. Over the past month, the stock has lost -88.08% in value.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Primega Group Holdings Ltd, whose market valuation is $39.84 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that PGHL’s price is currently -87.09% off the SMA20 and -87.69% off the SMA50. The RSI metric on the 14-day chart is currently showing 45.78, and weekly volatility stands at 21.36%. When measured over the past 30 days, the indicator reaches 91.44%. Primega Group Holdings Ltd (NASDAQ:PGHL)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 10.38.
To see how Primega Group Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: PGHL stock’s performance was 24.34% in the latest trading. Primega Group Holdings Ltd has a P/E ratio of 33.88.
An evaluation of the daily trading volume of Primega Group Holdings Ltd (NASDAQ:PGHL) indicates that the 3-month average is 1.88 million. However, this figure has increased over the past 10 days to an average of 12.62.
Currently, records show that 24.00 million of the company’s shares remain outstanding. The stats also highlight that short interest as of 2024-11-15, stood at 98357.0 shares, resulting in a short ratio of 0.83 at that time. From this, we can conclude that short interest is 160.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were down slightly from the previous month’s figure, which was 0.19 million. However, since the stock’s price has seen -60.66% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
