Primech (NASDAQ:PMEC) Shares Down 5% – Here’s What Happened

Primech Holdings Ltd. (NASDAQ:PMECGet Free Report)’s share price was down 5% during mid-day trading on Thursday . The company traded as low as $0.73 and last traded at $0.74. Approximately 4,652 shares traded hands during trading, a decline of 99% from the average daily volume of 787,452 shares. The stock had previously closed at $0.77.

Primech Trading Down 5.0 %

The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.50. The stock’s 50-day simple moving average is $0.69 and its 200-day simple moving average is $0.65.

Primech Company Profile

(Get Free Report)

Primech Holdings Ltd. provides facilities and stewarding services in the public and private sectors in Singapore. Its facilities services include educational institutions cleaning, airport cleaning, and conservancy areas cleaning services, as well as offers cleaning of hotels, public spaces, roads, condominium, office, industrial, and retail stores.

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