Primega Group Holdings Ltd (NASDAQ:PGHL) price on current trading day, fall -9.65% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.43.
A look at the stock’s price movement, the close in the last trading session was $0.47, moving within a range at $0.3724 and $0.4486. Turning to its 52-week performance, $107.36 and $0.37 were the 52-week high and 52-week low respectively. Overall, PGHL moved -32.18% over the past month.
Primega Group Holdings Ltd’s market cap currently stands at around $11.22 million, with investors looking forward to this quarter’s earnings report slated for in May.
PGHL’s current price about -22.64% and -37.06% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.29, while 7-day volatility ratio is 19.89% and 11.19% in the 30-day chart. Further, Primega Group Holdings Ltd (PGHL) has a beta value of 0, and an average true range (ATR) of 0.09.
If we refocus on Primega Group Holdings Ltd (NASDAQ:PGHL), historical trading data shows that trading volumes averaged 1.54 over the past 10 days and 500.03K over the past 3 months. The company’s latest data on shares outstanding shows there are 24.00 million shares.
The 74.33% of Primega Group Holdings Ltd’s shares are in the hands of company insiders while institutional holders own 0.65% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.88 million on 2025-03-14, giving us a short ratio of 4.54. The data shows that as of 2025-03-14 short interest in Primega Group Holdings Ltd (PGHL) stood at 1027.0 of shares outstanding, with shares short falling to 1.0 million registered in 2025-02-14. Current price change has pushed the stock -69.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PGHL stock continues to rise going into the next quarter.
