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Primech (NASDAQ:PMEC) Trading Up 0.7% - What's Next?

Primech logo with Business Services background

Primech Holdings Ltd. (NASDAQ:PMEC - Get Free Report)'s stock price rose 0.7% on Friday . The stock traded as high as $1.55 and last traded at $1.54. Approximately 9,486 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 700,374 shares. The stock had previously closed at $1.53.

Primech Trading Up 0.7%

The stock's fifty day moving average is $1.26 and its two-hundred day moving average is $0.94.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Primech stock. XTX Topco Ltd increased its holdings in shares of Primech Holdings Ltd. (NASDAQ:PMEC - Free Report) by 123.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 39,960 shares of the company's stock after purchasing an additional 22,104 shares during the period. XTX Topco Ltd owned 0.10% of Primech worth $31,000 as of its most recent filing with the SEC. Institutional investors own 88.06% of the company's stock.

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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