Shares of Primech Holdings Ltd. (NASDAQ:PMEC – Get Free Report) shot up 3.6% on Wednesday . The stock traded as high as $0.78 and last traded at $0.71. 142,231 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 711,274 shares. The stock had previously closed at $0.69.
Primech Price Performance
The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a 50 day moving average price of $0.74 and a two-hundred day moving average price of $0.66.
About Primech
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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