PropertyGuru Group (NYSE:PGRU) Stock Price Down 4.2%

PropertyGuru Group Limited (NYSE:PGRUGet Free Report)’s share price dropped 4.2% during trading on Tuesday . The stock traded as low as $4.51 and last traded at $4.51. Approximately 7,165 shares changed hands during trading, a decline of 74% from the average daily volume of 27,745 shares. The stock had previously closed at $4.71.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a “buy” rating and set a $7.00 price objective on shares of PropertyGuru Group in a research report on Wednesday, May 22nd.

Check Out Our Latest Analysis on PGRU

PropertyGuru Group Stock Down 2.0 %

The firm has a 50-day moving average price of $3.98 and a 200-day moving average price of $3.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.48 and a quick ratio of 3.48.

PropertyGuru Group (NYSE:PGRUGet Free Report) last posted its quarterly earnings results on Friday, March 1st. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.04. The firm had revenue of $30.76 million during the quarter. PropertyGuru Group had a negative return on equity of 1.12% and a negative net margin of 7.37%. During the same period in the prior year, the firm earned ($0.02) EPS. Sell-side analysts forecast that PropertyGuru Group Limited will post -0.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On PropertyGuru Group

A hedge fund recently raised its stake in PropertyGuru Group stock. ANTIPODES PARTNERS Ltd lifted its stake in shares of PropertyGuru Group Limited (NYSE:PGRUFree Report) by 30.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,641 shares of the company’s stock after acquiring an additional 9,919 shares during the quarter. ANTIPODES PARTNERS Ltd’s holdings in PropertyGuru Group were worth $162,000 at the end of the most recent reporting period. 61.38% of the stock is owned by hedge funds and other institutional investors.

PropertyGuru Group Company Profile

(Get Free Report)

PropertyGuru Group Limited operates digital property classifieds marketplaces that connects homeowners and tenants with verified home service providers in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. The company offers digital and marketing services for developers. It also offers data and sales process automation products.

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