Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Time to Sell?

Partners Group Holding AG (OTCMKTS:PGPHF)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $771.1440, but opened at $750.00. Partners Group shares last traded at $735.00, with a volume of 50 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Oddo Bhf cut Partners Group to a “neutral” rating in a research report on Monday, June 8th. UBS Group cut Partners Group from a “buy” rating to a “neutral” rating in a report on Wednesday, July 8th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Partners Group in a report on Monday, June 22nd. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

Partners Group Stock Performance

The firm’s fifty day simple moving average is $852.69 and its 200 day simple moving average is $963.65. The firm has a market cap of $19.68 billion and a P/E ratio of 12,643.48.

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

About Partners Group

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.