Primoris Services Corporation (Ticker: PRIM) is a holding company, which engages in the provision of construction, fabrication, maintenance, replacement, and engineering services. It operates through the following segments: Utilities, Energy and Renewables, and Pipeline.

In terms of technical analysis, the stock of Primoris Services Corporation has recently broken out of a long-term basing pattern. This breakout indicates a significant shift in the stock's trend, with the stock price surpassing a key resistance level. The breakout above 40 suggests a bullish bias in the market, with the potential for further upward movement toward the 57 level.

Given the breakout and the higher bias, investors and traders may consider this as an opportunity to capitalize on the stock's potential growth. However, it is important to closely monitor any potential market developments or news that could impact Primoris Services Corporation's performance.