Primoris Services Corp (NYSE:PRIM) currently has a daily average trading volume of 908.82K but it saw 1137414 shares traded in last market. With a market cap of 4.59B USD, the company’s current market price of $85.02 came rising about 0.47 while comparing to the previous closing price of $84.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $90.86 and as low as $45.92. In the recent trading on the day, stock has struck highest price mark of $83.4 while lowest mark touched by it was $86.28.
Jefferies also issued its recommendations for the stock as it initiated the price target for the stock is $73.
Over the week, PRIM’s stock price is moving 3.68% up while it is 15.16% when we observe its performance for the past one month. Year-to-date it is 75.44% up and over the past year, the stock is showing an upside performance of 11.28%.
Currently, Primoris Services Corp’s total number of outstanding shares is 54.00M with 1.20% of that held by the insiders while 98.94% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.93% and return on equity (ROE) at 15.30%. It has a price to earnings ratio (P/E ratio) of 22.54 while having a 16.94 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 3.18 while price to sale or P/S ratio amounts to 0.70. Its return on asset (ROA) is 5.05% on average.
