Ming Shing Group (NASDAQ:PMA) Shares Up 1.6% – Should You Buy?

Ming Shing Group Holdings Ltd (NASDAQ:PMA) shares were up 1.6% during mid-day trading on Friday. The company traded as high as $1.2896 and last traded at $1.27. Approximately 12,386 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 37,438 shares. The stock had previously closed at $1.25.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Ming Shing Group in a research report on Monday, August 24th. They set a “sell (e+)” rating for the company. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Ming Shing Group currently has an average rating of “Sell”.

Ming Shing Group Stock Up 1.6%

Ming Shing Group (NASDAQ:PMA) last released its earnings results on Saturday, August 15th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $3.10 million during the quarter.

Ming Shing Group Company Profile

Ming Shing Group Holdings Limited is a Hong Kong-based construction services company that primarily operates as a wet trade subcontractor. Its work supports building and civil construction projects and includes activities such as plastering, bricklaying, tile laying, floor screeding, concrete-related work, and the installation of marble and other stone materials.

The company provides its services to contractors and construction projects in Hong Kong. Its business is focused on the execution of specialized on-site construction works rather than the development or sale of real estate.

Ming Shing Group’s operations are conducted through its Hong Kong subsidiaries.