Primech Holdings Ltd. (NASDAQ:PMEC - Get Free Report) shares were up 5.8% during mid-day trading on Tuesday . The stock traded as high as $1.47 and last traded at $1.46. Approximately 26,397 shares changed hands during trading, a decline of 51% from the average daily volume of 53,666 shares. The stock had previously closed at $1.38.
Primech Trading Down 2.8%
The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.39 and a current ratio of 1.39. The company's 50 day simple moving average is $1.38 and its 200-day simple moving average is $1.04.
Hedge Funds Weigh In On Primech
A hedge fund recently raised its stake in Primech stock. XTX Topco Ltd raised its stake in shares of Primech Holdings Ltd. (NASDAQ:PMEC - Free Report) by 123.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 39,960 shares of the company's stock after acquiring an additional 22,104 shares during the period. XTX Topco Ltd owned approximately 0.10% of Primech worth $31,000 as of its most recent SEC filing. Institutional investors own 88.06% of the company's stock.
About Primech
(
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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