Primega Group Holdings Ltd (NASDAQ:PGHL) does about 164.09K shares in volume on a normal day but saw 1902850 shares change hands in the recent trading day. The company now has a market cap of 2.58B USD. Its current market price is $107.36, marking an increase of 918.60% compared to the previous close of $10.54. The 52 week high reached by this stock is $22.50 whilst the lowest price level in 52 weeks is $3.60.
Primega Group Holdings Ltd (PGHL) has a 20-day trading average at $17.15 and the current price is 377.16% off the 52-week high compared with 2882.22% distance from its 52-week low. The 50-day simple moving average of the closing price is $15.51. If we look at the stock’s price movements over the week, volatility stands at 119.36%, which decreases to 42.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 93.68 to suggest the stock is overbought.
The current price level is 526.15%, 592.14%, and 791.99% away from its SMA20, SMA50, and SMA200 respectively, with the PGHL price moving below the 50-day SMA on current market day. Primega Group Holdings Ltd (PGHL) stock is up 937.29% over the week and 462.09% over the past month. Its price is 2444.08% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 24.00M with insiders holding 74.33% of the shares and institutional holders owning 0.00% of the company’s common stock. The company has a return on investment of 12.90% and return on equity of 29.10%. The price to earnings ratio (P/E ratio) amounts to 2191.02. Price to book ratio is 565.05 and price to sales ratio is 190.86.
