Primech Holdings Wins Nasdaq Extension to Regain Minimum Bid Price Compliance
TipRanks (Wed, 26-Aug 8:28 AM ET)
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Market Chameleon (Thu, 23-Apr 7:49 AM ET)
Primech Holdings Ltd is a cleaning business. The Company operates in two segments: commercial cleaning services and robotics. The Company is an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The Company generates revenue from services, which include services for general cleaning and maintenance of public and private facilities; cleaning of kitchen facilities of healthcare facilities, hotels and restaurants; and the supply of ad hoc customer; and cleaning services to offices.
Primech Holdings Ltd. - trades on the NASDAQ stock market under the symbol PMEC.
As of August 26, 2026, PMEC stock price was flat at $0.52 with 13,256 million shares trading.
PMEC has a beta of 0.35, meaning it tends to be less sensitive to market movements. PMEC has a correlation of 0.00 to the broad based SPY ETF.
PMEC has a market cap of $20.13 million. This is considered a Sub-Micro Cap stock.
PMEC has underperformed the market in the last year with a return of -69.0%, while the SPY ETF gained +20.4%. In the last 3 month period, PMEC fell short of the market, returning -33.7%, while SPY returned +3.0%. However, in the most recent 2 weeks PMEC has outperformed the stock market by returning +12.7%, while SPY returned -0.6%.
PMEC support price is $.46 and resistance is $.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PMEC shares will trade within this expected range on the day.