Primech (NASDAQ:PMEC – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $19.97 million during the quarter.
Primech Stock Up 2.1%
Shares of PMEC stock traded up $0.01 on Friday, hitting $0.42. 5,744 shares of the stock were exchanged, compared to its average volume of 372,781. Primech has a fifty-two week low of $0.40 and a fifty-two week high of $2.44. The business has a 50-day moving average of $0.64 and a 200 day moving average of $0.72.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Primech in a research report on Monday, May 4th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Primech has an average rating of “Sell”.
About Primech
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. The company offers housekeeping services; specialized cleaning services, including marble polishing, building façade cleaning, and clean room sanitation services; and waste management and pest control services.
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