PropertyGuru Group (NYSE:PGRU) Reaches New 52-Week High at $6.63

PropertyGuru Group Limited (NYSE:PGRU)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $6.63 and last traded at $6.61, with a volume of 453387 shares changing hands. The stock had previously closed at $6.60.

Analysts Set New Price Targets

A number of research firms recently commented on PGRU. Benchmark reissued a “buy” rating and issued a $7.00 price target on shares of PropertyGuru Group in a research report on Wednesday, May 22nd. JMP Securities reiterated a “market perform” rating on shares of PropertyGuru Group in a report on Tuesday, August 20th.

PropertyGuru Group Price Performance

The stock has a market cap of $1.08 billion, a PE ratio of -132.20 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.16 and a current ratio of 3.16. The business has a 50 day moving average price of $6.26 and a two-hundred day moving average price of $4.93.

PropertyGuru Group (NYSE:PGRU) last posted its quarterly earnings data on Tuesday, September 3rd. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $30.05 million during the quarter. PropertyGuru Group had a negative return on equity of 3.47% and a negative net margin of 13.27%.

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) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $34,000. 61.38% of the stock is owned by institutional investors and hedge funds.

PropertyGuru Group Company Profile

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.