Primega Group Holdings Ltd (PGHL): Investing In A Time Of Crisis

Primega Group Holdings Ltd (NASDAQ:PGHL) currently has a daily average trading volume of 1.71M but it saw 2560353 shares traded in last market. With a market cap of 37.92M USD, the company’s current market price of $1.58 came falling about -11.73 while comparing to the previous closing price of $1.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $107.36 and as low as $1.34. In the recent trading on the day, stock has struck highest price mark of $1.51 while lowest mark touched by it was $1.81.

Taking a look at 20-day trading activity of Primega Group Holdings Ltd (PGHL) gives us an average price of $14.0862, while its current price level is -98.53% below from 52-week high level whereas it is 17.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.0539. A closer look into the stock’s movement over the week reveals that its volatility is standing at 227.68% during that period while stretching the period over a month that decreases to 90.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.73 which implies that the stock is in neutral territory.

Over the week, PGHL’s stock price is moving -98.53% down while it is -88.75% when we observe its performance for the past one month. Year-to-date it is -62.56% down and over the past year.

Currently, Primega Group Holdings Ltd’s total number of outstanding shares is 24.00M. Company’s return on investment (ROI) stands at 12.90% and return on equity (ROE) at 29.10%. It has a price to earnings ratio (P/E ratio) of 32.24. Stock has a price to book (P/B) ratio of 8.32 while price to sale or P/S ratio amounts to 2.81. Its return on asset (ROA) is 8.70% on average.