PropertyGuru Group (NYSE:PGRU) Stock Price Down 1.8%

PropertyGuru Group Limited (NYSE:PGRU)’s stock price was down 1.8% during mid-day trading on Thursday . The stock traded as low as $5.95 and last traded at $5.95. Approximately 1,211 shares changed hands during trading, a decline of 95% from the average daily volume of 25,971 shares. The stock had previously closed at $6.06.

Analyst Upgrades and Downgrades

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

PropertyGuru Group Stock Up 3.3 %

The business has a fifty day moving average price of $5.59 and a two-hundred day moving average price of $4.40. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.48 and a quick ratio of 3.48. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of -118.20 and a beta of 0.36.

PropertyGuru Group (NYSE:PGRU) last announced its quarterly earnings data on Tuesday, May 21st. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $27.24 million during the quarter. PropertyGuru Group had a negative net margin of 7.37% and a negative return on equity of 1.12%.

Institutional Trading of PropertyGuru Group

A hedge fund recently raised its stake in PropertyGuru Group stock. ANTIPODES PARTNERS Ltd lifted its stake in PropertyGuru Group Limited (NYSE:PGRU) by 97.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,223 shares of the company’s stock after buying an additional 41,582 shares during the quarter. ANTIPODES PARTNERS Ltd owned approximately 0.05% of PropertyGuru Group worth $408,000 as of its most recent SEC filing. 61.38% of the stock is currently owned by institutional investors.

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.