Primech HoldingsPMEC
PMEC
About: Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.
Employees: 2,744
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
160% more capital invested
Capital invested by funds: $23.9K [Q2] → $62K (+$38.1K) [Q3]
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more funds holding
Funds holding: 3 [Q2] → 4 (+1) [Q3]
0.15% more ownership
Funds ownership: 0.12% [Q2] → 0.27% (+0.15%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PMEC.
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
Primech AI Partners with Leading Japanese Hotel Group to Launch HYTRON
Revolutionizing Cleanliness with Fully Automated AI-Powered Cleaning Robotic Solutions in Japan SINGAPORE, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI"), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC) has signed a Memorandum of Understanding (MoU) with Golden Rim Investment Limited, a leading Japanese hotel owner overseeing three hotels with approximately 260 rooms.
Neutral
GlobeNewsWire
4 weeks ago
Primech Holdings Receives NASDAQ Minimum Bid Price Requirement Extension
SINGAPORE, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, announced that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is eligible for an additional 180 calendar day period, or until May 12, 2025, to regain compliance with the Nasdaq's minimum $1 bid price per share requirement.
Neutral
GlobeNewsWire
1 month ago
Primech AI, a Subsidiary of Primech Holdings, Unveils Ambitious Future Plans for its Innovative Toilet Cleaning Robot, HYTRON
SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), unveiled its strategic expansion plans for HYTRON, its AI-powered public toilet cleaning robot. As the global cleaning market is projected to reach approximately $74 billion by 2025, Primech AI is poised to capture a significant market share with its innovative solutions.
Neutral
GlobeNewsWire
1 month ago
Primech Holdings and Primech AI Forge Strategic Partnerships with Unity Group for Advanced Energy and Robotics Solutions
SINGAPORE, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company") and its subsidiary, Primech AI, are pleased to announce new strategic partnerships with Unity Group Holdings International Limited (1539.HK) ("Unity Group"), a renowned provider of energy solutions listed on the Hong Kong Stock Exchange. These partnerships, formalized through separate Memorandums of Understanding (MOUs), aim to harness Unity Group's energy expertise and Primech AI's robotic innovations to drive sustainability and technological advancements in their respective fields.
Neutral
GlobeNewsWire
2 months ago
Primech Secures Major New Contracts, Paving the Way for Future Growth
Total Value Exceeding SG$5.6 million (US$4.3 million) SINGAPORE, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, is excited to announce several newly signed contracts, signaling robust growth and expanding opportunities across multiple sectors. With a total value exceeding SG$5.6 million (US$4.3 million), these new agreements underscore Primech's ongoing commitment to delivering exceptional facility services that consistently exceed each client's and sector's unique demands.
Neutral
GlobeNewsWire
3 months ago
Primech Holdings Subsidiary Nominated as a Finalist for the Singapore Apex Corporate Sustainability Awards
SINGAPORE, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, proudly announces the nomination of operating subsidiary Primech A & P Pte. Ltd. (“Primech A & P”) as a finalist for The Singapore Apex Corporate Sustainability Awards (the “Awards”) in the category of “LowCarbonSG,” which recognizes businesses that have achieved at least 5% improvement in Scope 1 and 2 carbon emissions over the past 24 months through a commendable level of effort and/or investment.
Positive
InvestorPlace
4 months ago
Why Is Primech (PMEC) Stock Up 60% Today?
Primech (NASDAQ: PMEC ) stock is rocketing higher on Wednesday alongside heavy pre-market trading of the facilities and stewarding services company's shares. This has more than 7.6 million shares changing hands as of this writing.
Neutral
GlobeNewsWire
5 months ago
Primech Holdings Reports 5.1% Increase in Revenue, $144.4 Million in Future Contracted Revenues Guidance
SINGAPORE, July 24, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, today announces its financial results for fiscal year ended March 31, 2024.
Neutral
GlobeNewsWire
7 months ago
Primech Holdings Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
SINGAPORE, May 17, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, today announces that it received a delinquency notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on May 14, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until November 11, 2024, to regain compliance with the minimum bid price requirement.
Neutral
GlobeNewsWire
7 months ago
Primech Holdings Limited Engages Strategic Investor Relations to Enhance Investor Communications and Engagement
SINGAPORE, May 01, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, has engaged Strategic Investor Relations, a premier investor relations firm, to enhance Primech's visibility in the financial community and support its ongoing efforts to engage and educate current and potential investors about the company's growth and strategic initiatives.
Charts implemented using Lightweight Charts™