Primega Group Holdings Ltd [PGHL] stock prices are up 9.72% to $1.58 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PGHL shares have gain 29.51% over the last week, with a monthly amount drifted -98.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Primega Group Holdings Ltd [PGHL] has been fluctuating between $1.03 and $107.36 over the past year. Primega Group Holdings Ltd [NASDAQ: PGHL] shares were valued at $1.58 at the most recent close of the market.
Analyzing the PGHL fundamentals
The Primega Group Holdings Ltd [NASDAQ:PGHL] reported sales of 13.50M for trailing twelve months, representing a surge of 46.20%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.29 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3567 points at the first support level, and at 1.1333 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8267, and for the 2nd resistance point, it is at 2.0733.
Ratios To Look Out For
It’s worth pointing out that Primega Group Holdings Ltd [NASDAQ:PGHL]’s Current Ratio is 1.40. Also, the Quick Ratio is 1.10, while the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 2.81, the price to book ratio is 8.32 and price to earnings (TTM) ratio is 32.24.
