Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Here’s Why

Shares of Partners Group Holding AG (OTCMKTS:PGPHF) gapped down before the market opened on Monday . The stock had previously closed at $1,100.0179, but opened at $1,048.22. Partners Group shares last traded at $1,048.22, with a volume of 37 shares trading hands.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a “buy” rating on shares of Partners Group in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Partners Group has a consensus rating of “Buy”.

Partners Group Trading Up 7.1%

The firm has a market cap of $29.10 billion and a price-to-earnings ratio of 89.62. The stock has a 50-day moving average of $1,138.82 and a two-hundred day moving average of $1,205.96.

About Partners Group

Partners Group Holding AG (OTCMKTS: PGPHF) is a global private markets investment manager that specializes in private equity, private debt, private real estate and private infrastructure. The firm develops tailored investment solutions for institutional investors, sovereign wealth funds, family offices and high-net-worth individuals. Its services include direct investments, primary fund commitments and secondary market transactions, as well as customized portfolio and advisory offerings.

Founded in 1996 and headquartered in Baar, Switzerland, Partners Group completed its initial public offering on the SIX Swiss Exchange in 2006.