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

Shares of PropertyGuru Group Limited (NYSE:PGRU) traded down 1.8% on Thursday . The company traded as low as $5.95 and last traded at $5.95. 1,211 shares traded hands during mid-day trading, a decline of 95% from the average session 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 price target on shares of PropertyGuru Group in a research note on Wednesday, May 22nd.

PropertyGuru Group Trading Up 3.3 %

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 PE ratio of -118.20 and a beta of 0.36. The firm’s fifty day moving average is $5.59 and its two-hundred day moving average is $4.40.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PropertyGuru Group stock. Leo Wealth LLC acquired a new position in PropertyGuru Group Limited (NYSE:PGRU) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $34,000. 61.38% of the stock is currently owned by hedge funds and other 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.