Primech (NASDAQ:PMEC) Issues Earnings Results

Primech (NASDAQ:PMECGet Free Report) posted its earnings results on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $19.97 million during the quarter.

Primech Price Performance

Primech stock opened at $0.43 on Thursday. Primech has a 1-year low of $0.42 and a 1-year high of $2.44. The business has a fifty day moving average price of $0.64 and a 200-day moving average price of $0.72.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Primech in a report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on PMEC

About Primech

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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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