Site icon Market Globalist

Why Is Primoris (PRIM) Stock Getting Higher Today?

FEDU Stock

FEDU Stock

Primoris Services Corporation (PRIM) shares rose slightly this morning in the early trades, hitting $33.05 seeing a rise of 3.35%. Primoris stock fell by -2.06% to close the previous trading session at $31.98. Rise in the PRIM stock price has been triggered by news that it has secured a multi-million dollar civil project.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

What project has been secured?

Primoris has been providing specialty contracting services in the United States and Canada since 1960. A diversified, long-standing client base has relied on Primoris for its specialty construction services, fabrication, maintenance, and engineering services.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

Primoris announced a significant new project in Texas this morning, valued at over $35 million.

Recent Performance:

Primoris stock has fallen -19.73% over the past five sessions. However, one month’s performance lessened the loss to -4.54%. In the last three months, the PRIM stock has soared 16.72% and has risen by 155.23 percent since the beginning of this year.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

A price-to-earnings ratio of 14.79 indicates that the company trades at a premium to the industry average. Besides, its price to cash flow ratio stands at 6.76, and its price to sales ratio stands at 0.46.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Exit mobile version