Primega Group Holdings Ltd [NASDAQ: PGHL] stock went on a downward path that fall over -98.46% on Wednesday, amounting to a one-week price decrease of less than -83.47%.
The market cap for the stock reached $39.60 million, with 24.00 million shares outstanding and 6.16 million shares in the current float. Compared to the average trading volume of 207.85K shares, PGHL stock reached a trading volume of 39813991 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Primega Group Holdings Ltd [PGHL]:
The Average True Range (ATR) for Primega Group Holdings Ltd is set at 15.92, with the Price to Sales ratio for PGHL stock in the period of the last 12 months amounting to 2.93. The Price to Book ratio for the last quarter was 8.68, with the Price to Cash per share for the same quarter was set at 0.02.
PGHL Stock Performance Analysis:
Primega Group Holdings Ltd [PGHL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -83.47.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PGHL stock in for the last two-week period is set at 45.74, with the RSI for the last a single of trading hit 44.72, and the three-weeks RSI is set at 46.36 for Primega Group Holdings Ltd [PGHL]. The present Moving Average for the last 50 days of trading for this stock 15.2651, while it was recorded at 28.3980 for the last single week of trading.
Insight into Primega Group Holdings Ltd Fundamentals:
Primega Group Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.40.
