Primech (NASDAQ:PMEC – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.02) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $19.97 million for the quarter.
Primech Stock Up 7.1%
NASDAQ PMEC traded up $0.03 on Wednesday, reaching $0.45. 12,543 shares of the company’s stock traded hands, compared to its average volume of 18,509. Primech has a 12 month low of $0.42 and a 12 month high of $2.44. The stock has a 50-day simple moving average of $0.65 and a 200 day simple moving average of $0.72.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Primech in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus 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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