Prime Electronics traded at 19.85 this Wednesday March 4th, decreasing 2.20 or 9.98 percent since the previous trading session. Looking back, over the last four weeks, Prime Electronics lost 36.90 percent. Over the last 12 months, its price rose by 62.04 percent. Looking ahead, we forecast Prime Electronics to be priced at 17.50 by the end of this quarter and at 15.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Prime Electronics & Satellitics Inc. is a Taiwan-based company principally engaged in the manufacture, processing and sales of digital communication products. The Company's main products include digital set top boxes (STBs), digital front systems, as well as satellite communication transmission systems, such as low noise block-converters (LNB) and multi switches, digital head-end products, direct-to-home (DTH) products, pay television (TV) STBs, personal video recorders (PVRs), high definition television (HDTV) STBs and others. The Company mainly distributes its products within domestic market and to overseas markets, including the Mainland China, the United States of America (the USA), Luxembourg and other countries.