Primega Group (NASDAQ:PGHL) Stock Price Down 7% – Should You Sell?

Posted by ABMN Staff on Apr 5th, 2025

Primega Group Holdings Ltd (NASDAQ:PGHL – Get Free Report)’s share price was down 7% during mid-day trading on Friday . The stock traded as low as $0.41 and last traded at $0.43. Approximately 185,046 shares changed hands during trading, a decline of 83% from the average daily volume of 1,110,691 shares. The stock had previously closed at $0.47.

Primega Group Stock Performance

The firm has a 50 day simple moving average of $0.70 and a 200-day simple moving average of $6.12.

Institutional Investors Weigh In On Primega Group

A hedge fund recently bought a new stake in Primega Group stock. Jane Street Group LLC acquired a new position in shares of Primega Group Holdings Ltd (NASDAQ:PGHL – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,774 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned approximately 0.09% of Primega Group at the end of the most recent quarter.

About Primega Group

(Get Free Report)

Primega Group Holdings Ltd. engages in the provision of transportation services through its subsidiary, Primega Construction. Its services include soil and rock transportation, diesel oil trading, and construction works such as excavation and lateral support works and bored piling. The company was founded on April 14, 2022 and is headquartered in Hong Kong.