Partners Group (OTCMKTS:PGPHF) Hits New 1-Year Low – Here’s Why

Partners Group Holding AG (OTCMKTS:PGPHF)’s stock price reached a new 52-week low during mid-day trading on Saturday . The company traded as low as $795.00 and last traded at $800.00, with a volume of 2253 shares traded. The stock had previously closed at $802.00.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PGPHF. Oddo Bhf cut Partners Group to a “neutral” rating in a research report on Monday, June 8th. The Goldman Sachs Group reissued a “neutral” rating on shares of Partners Group in a report on Monday, June 22nd. Finally, UBS Group cut Partners Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 8th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Partners Group presently has an average rating of “Reduce”.

Partners Group Price Performance

The stock has a fifty day moving average price of $858.62 and a 200 day moving average price of $976.17. The stock has a market capitalization of $20.75 billion and a P/E ratio of 13,333.33.

Partners Group (OTCMKTS:PGPHF) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $11.71 million during the quarter.

Partners Group Company Profile

Partners Group Holding AG is a Switzerland-based global private markets investment manager. The company provides access to private market investments through funds, customized portfolios and other investment solutions designed for institutional investors, sovereign wealth funds, family offices and private-wealth clients.

Its investment activities span private equity, private debt, private real estate and private infrastructure. Partners Group typically invests in companies, properties, infrastructure assets and credit opportunities, working to create value through active ownership, operational improvements and long-term asset management.

Founded in 1996, Partners Group is headquartered in Baar, Switzerland, and serves clients internationally through offices and investment activities across major markets in Europe, the Americas and the Asia-Pacific region.