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

Partners Group Holding AG (OTCMKTS:PGPHF)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $1,115.2330, but opened at $1,055.00. Partners Group shares last traded at $1,055.00, with a volume of 24 shares.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Partners Group from a “buy” rating to a “sell” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Partners Group Trading Down 7.1%

The company has a market capitalization of $27.36 billion and a PE ratio of 89.62. The firm’s 50-day simple moving average is $1,109.67 and its 200-day simple moving average is $1,173.86.

Partners Group (OTCMKTS:PGPHF) last released its quarterly earnings data on Friday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $11.20 million during the quarter.

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.