PropertyGuru Group (NYSE:PGRU) Sets New 12-Month High at $6.63

PropertyGuru Group Limited (NYSE:PGRU) shares hit a new 52-week high during trading on Monday . The company traded as high as $6.63 and last traded at $6.63, with a volume of 18711 shares. The stock had previously closed at $6.61.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reaffirmed a “market perform” rating on shares of PropertyGuru Group in a research note on Tuesday, August 20th.

PropertyGuru Group Trading Down 0.2 %

The firm has a market cap of $1.08 billion, a price-to-earnings ratio of -132.60 and a beta of 0.36. The company’s 50-day moving average price is $6.33 and its 200-day moving average price is $5.02. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.01.

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

Institutional Investors Weigh In On PropertyGuru Group

An institutional investor recently raised its position in PropertyGuru Group stock. ANTIPODES PARTNERS Ltd increased its stake in shares of PropertyGuru Group Limited (NYSE:PGRU) by 97.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,223 shares of the company’s stock after buying an additional 41,582 shares during the quarter. ANTIPODES PARTNERS Ltd owned about 0.05% of PropertyGuru Group worth $408,000 at the end of the most recent reporting period. 61.38% of the stock is currently owned by hedge funds and other institutional investors.

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.