PropertyGuru Group (NYSE:PGRU) Hits New 52-Week High at $6.62

PropertyGuru Group Limited (NYSE:PGRU) hit a new 52-week high on Tuesday . The company traded as high as $6.62 and last traded at $6.62, with a volume of 12956 shares trading hands. The stock had previously closed at $6.20.

Analyst Upgrades and Downgrades

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

PropertyGuru Group Trading Up 5.8 %

The business’s 50 day moving average is $5.07 and its two-hundred day moving average is $4.10. The company has a current ratio of 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.01.

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

Institutional Investors Weigh In On PropertyGuru Group

A hedge fund recently bought a new stake in PropertyGuru Group stock. Leo Wealth LLC acquired a new position in shares of PropertyGuru Group Limited (NYSE:PGRU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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.