Primega Group Holdings Ltd [NASDAQ: PGHL] gained 95.64% on the last trading session, reaching $0.99 price per share at the time.
If compared to the average trading volume of 412.63K shares, PGHL reached a trading volume of 17050747 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for PGHL stock
Primega Group Holdings Ltd [PGHL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 124.59. With this latest performance, PGHL shares gained by 141.65% in over the last four-week period, additionally sinking by -92.36% over the last 6 months.
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 82.94, with the RSI for the last a single of trading hit 92.09, and the three-weeks RSI is set at 64.16 for Primega Group Holdings Ltd [PGHL]. The present Moving Average for the last 50 days of trading for this stock 0.5266, while it was recorded at 0.5882 for the last single week of trading, and 5.8290 for the last 200 days.
An analysis of Institutional ownership at Primega Group Holdings Ltd [PGHL]
There are presently around $0.86%, or 2.65%% of PGHL stock, in the hands of institutional investors.
