PropertyGuru Group (NYSE:PGRU) Shares Up 3.9%

Shares of PropertyGuru Group Limited (NYSE:PGRU) shot up 3.9% on Tuesday . The company traded as high as $3.75 and last traded at $3.74. 24,309 shares were traded during trading, a decline of 16% from the average session volume of 29,041 shares. The stock had previously closed at $3.60.

Analysts Set New Price Targets

Separately, Benchmark reissued a “buy” rating and set a $7.00 price target on shares of PropertyGuru Group in a research report on Monday, March 4th.

PropertyGuru Group Stock Performance

The stock’s fifty day moving average is $3.61 and its two-hundred day moving average is $3.55. The firm has a market cap of $622.32 million, a price-to-earnings ratio of -53.99 and a beta of 0.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.35 and a current ratio of 3.35.

PropertyGuru Group (NYSE:PGRU) last issued its quarterly earnings data on Friday, March 1st. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.04. PropertyGuru Group had a negative net margin of 10.21% and a negative return on equity of 1.76%. The business had revenue of $30.76 million for the quarter. During the same quarter in the prior year, the firm earned ($0.02) earnings per share. On average, analysts expect that PropertyGuru Group Limited will post -0.02 earnings per share for the current fiscal year.

Institutional Trading of PropertyGuru Group

A hedge fund recently bought a new stake in PropertyGuru Group stock. Leo Wealth LLC bought a new stake in shares of PropertyGuru Group Limited (NYSE:PGRU) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,000 shares of the company’s stock, valued at approximately $34,000. Institutional investors and hedge funds own 61.38% of the company’s stock.

About PropertyGuru Group

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.