Why Is It Moving? Looking Into Why Primoris Services's Stock is Trading Lower Today

The Price And Volume Action In Primoris Services's Stock Today

Primoris Services PRIM is currently down 5.01% to a price of $35.2. The stock's current volume for the day is 419.44 thousand, which is approximately 103.35% of its previous 30-day average volume of 405.82 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Primoris Services shares are trading lower after the company priced its 4.5 million shares common stock offering at $35 per share.

Insights On Recent Price Action

The 50-day moving average price of Primoris Services's stock was $33.1 when this article was published. The stock reached a high of $41.76 and a low of $9.59 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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