Shares of Primech Holdings Ltd. (NASDAQ:PMEC – Get Free Report) fell 1.3% during trading on Friday . The stock traded as low as $1.16 and last traded at $1.17. 9,494 shares traded hands during trading, a decline of 99% from the average session volume of 703,271 shares. The stock had previously closed at $1.18.
Primech Stock Performance
The firm’s fifty day simple moving average is $0.95 and its 200 day simple moving average is $0.81.
Institutional Trading of Primech
An institutional investor recently raised its position in Primech stock. XTX Topco Ltd boosted its stake in shares of Primech Holdings Ltd. (NASDAQ:PMEC – Free Report) by 123.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 39,960 shares of the company’s stock after buying an additional 22,104 shares during the period. XTX Topco Ltd owned approximately 0.10% of Primech worth $31,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 88.06% of the company’s stock.
Primech Company Profile
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.
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