Primech Holdings Ltd. (PMEC)Industrials | Specialty Business Services | Singapore, Singapore | NasdaqCM
0.50 USD
-0.03
(-5.434%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 0.53 +0.03 (5.547%) ⇧ (Aug. 28, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:27 a.m. EDT
The immediate outlook is bearish due to severe technical weakness; the stock is trading significantly below its 50-day and 200-day averages, indicating a persistent downtrend where recent price action has failed to reverse the structural decline. While the company recently secured approximately $24.8 million in funding and accelerated U.S. expansion, these positive operational headlines have been completely overshadowed by the market's reaction, evidenced by a 28% plunge and continued selling pressure. The statistical forecast model offers a weak lean toward further downside over the next 45 days, reinforcing the caution needed despite the low beta suggesting lower volatility than the broader market. On a longer horizon, the investment case remains neutral-to-cautious because the company is currently unprofitable with negative operating margins and negative free cash flow, creating significant execution risk despite the impressive 156% annual gain seen in the prior year which appears to be a one-time anomaly rather than a sustainable growth trajectory. There is no dividend income to offset the capital risk, making this a speculative hold at best until profitability is restored. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.311779 |
| AutoETS | 0.321974 |
| AutoTheta | 0.325505 |
| AutoARIMA | 0.327086 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 5.52 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.312 |
| Excess Kurtosis | -0.99 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 147.982 |
| Revenue per Share | 2.031 |
| Market Cap | 19,255,096 |
| Beta | 1.19 |
| Profit Margins | -3.12% |
| Website | https://www.primechholdings.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.6988636 |
| Address1 | 60 MacPherson Road |
| Address2 | Siemens Centre, #04-08 |
| All Time High | 4.18 |
| All Time Low | 0.31 |
| Ask | 0.46 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 25,660 |
| Average Daily Volume3 Month | 311,043 |
| Average Volume | 311,043 |
| Average Volume10Days | 25,660 |
| Beta | 1.188 |
| Bid | 0.7051 |
| Bid Size | 1 |
| Book Value | 0.345 |
| City | Singapore |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Singapore |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.5012 |
| Current Ratio | 1.358 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 0.53 |
| Day Low | 0.4957 |
| Debt To Equity | 147.982 |
| Display Name | Primech |
| Ebitda | -3,451,000 |
| Ebitda Margins | -0.044239998 |
| Enterprise To Ebitda | -7.972 |
| Enterprise To Revenue | 0.353 |
| Enterprise Value | 27,510,134 |
| Eps Trailing Twelve Months | -0.06 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.53836 |
| Fifty Day Average Change | -0.03715998 |
| Fifty Day Average Change Percent | -0.06902441 |
| Fifty Two Week Change Percent | -69.88636 |
| Fifty Two Week High | 2.44 |
| Fifty Two Week High Change | -1.9388001 |
| Fifty Two Week High Change Percent | -0.7945902 |
| Fifty Two Week Low | 0.31 |
| Fifty Two Week Low Change | 0.19120002 |
| Fifty Two Week Low Change Percent | 0.61677426 |
| Fifty Two Week Range | 0.31 - 2.44 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,696,858,200,000 |
| Float Shares | 5,529,117 |
| Free Cashflow | -4,651,625 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 3,117 |
| Fullday Change | -0.0288 |
| Fullday Change Percent | -5.43395 |
| Fullday Price | 0.529 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.13477999 |
| Gross Profits | 10,514,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.85608 |
| Held Percent Institutions | 0.00402 |
| Implied Shares Outstanding | 38,417,987 |
| Industry | Specialty Business Services |
| Industry Disp | Specialty Business Services |
| Industry Key | specialty-business-services |
| Ipo Expected Date | 2,023-10-10 |
| Language | en-US |
| Last Fiscal Year End | 1,774,915,200 |
| Long Business Summary | Primech Holdings Ltd. provides facilities and stewarding services for the public and private sectors in Singapore. The company offers conservancy areas cleaning services, including daily cleaning of common areas within town councils, monthly block washing, and quarterly fogging of bin chutes; educational institutions cleaning services, such as cleaning of schools; airport cleaning services; cleaning of hotels, public spaces and roads, condominium common areas and facilities, offices, industrial areas, and retail stores; and marble polishing services, external façade cleaning for exteriors of buildings, and stewarding and clean room cleaning services. It also provides waste management services, such as the collection, transportation, and disposal of general waste, and sorting of waste for recycling, as well as pest control services comprising the remediation and prevention of infestations of rodents, insects, birds, and other pests. In addition, the company offers horticultural maintenance services, such as weeding, fertilizing, mowing, and irrigation; supports registering patients, and crowd control, as well as carrying out authorized clearance; stewarding services, including cleaning of kitchen equipment and dishwashing, room attendant services, and public area cleaning services to healthcare facilities, hotels and other hospitality venues, and restaurants; and cleaning services to offices. Further, it operates HomeHelpy, an online portal that allows individual customers to book cleaning services in homes and offices; floor mats; and manufactures and sells cleaning supplies, such as hand soaps, hand soap dispensers, cleaning fluids, and garbage bags used for general, floor, carpet, restroom, and kitchen purposes, as well as treatment products used in the marine industry under the D'Bond brand name. The company was incorporated in 2020 and is headquartered in Singapore. Primech Holdings Ltd. is a subsidiary of Sapphire Universe Holdings Limited. |
| Long Name | Primech Holdings Ltd. |
| Market | us_market |
| Market Cap | 19,255,096 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1776500305 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -2,437,000 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 20,361,533 |
| Open | 0.53 |
| Operating Cashflow | -3,927,000 |
| Operating Margins | -0.09981 |
| Payout Ratio | 0.0 |
| Phone | 65 6286 1868 |
| Post Market Change | 0.027799964 |
| Post Market Change Percent | 5.5466805 |
| Post Market Price | 0.529 |
| Post Market Time | 1,787,961,474 |
| Previous Close | 0.53 |
| Price Hint | 4 |
| Price To Book | 1.4527537 |
| Price To Sales Trailing12 Months | 0.24683173 |
| Profit Margins | -0.031240001 |
| Quick Ratio | 1.3 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.028799951 |
| Regular Market Change Percent | -5.4339533 |
| Regular Market Day High | 0.53 |
| Regular Market Day Low | 0.4957 |
| Regular Market Day Range | 0.4957 - 0.53 |
| Regular Market Open | 0.53 |
| Regular Market Previous Close | 0.53 |
| Regular Market Price | 0.5012 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 42,065 |
| Return On Assets | -0.07358 |
| Return On Equity | -0.21804 |
| Revenue Growth | 0.068 |
| Revenue Per Share | 2.031 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Shares Outstanding | 38,417,987 |
| Shares Percent Shares Out | 0.001 |
| Shares Short | 38,520 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 115,977 |
| Short Name | Primech Holdings Ltd. |
| Short Percent Of Float | 0.0055 |
| Short Ratio | 0.24 |
| Source Interval | 15 |
| Symbol | PMEC |
| Total Cash | 9,588,000 |
| Total Cash Per Share | 0.25 |
| Total Debt | 18,551,000 |
| Total Revenue | 78,009,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.06 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 0.754205 |
| Two Hundred Day Average Change | -0.25300497 |
| Two Hundred Day Average Change Percent | -0.33545914 |
| Type Disp | Equity |
| Volume | 42,065 |
| Website | https://www.primechholdings.com |
| Zip | 348,615 |