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PropertyGuru Group (NYSE:PGRU) Reaches New 52-Week High - Here's What Happened

PropertyGuru Group logo with Business Services background

PropertyGuru Group Limited (NYSE:PGRU - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $6.65 and last traded at $6.65, with a volume of 5472 shares changing hands. The stock had previously closed at $6.63.

Analyst Ratings Changes

Separately, JMP Securities reissued a "market perform" rating on shares of PropertyGuru Group in a report on Tuesday, August 20th.

Read Our Latest Stock Report on PropertyGuru Group

PropertyGuru Group Trading Up 0.2 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 3.16 and a quick ratio of 3.16. The firm has a fifty day simple moving average of $6.61 and a 200 day simple moving average of $5.75.

PropertyGuru Group (NYSE:PGRU - Get Free Report) last released its earnings results on Tuesday, September 3rd. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $30.05 million during the quarter. PropertyGuru Group had a negative net margin of 13.27% and a negative return on equity of 3.47%.

Hedge Funds Weigh In On PropertyGuru Group

A hedge fund recently raised its stake in PropertyGuru Group stock. ANTIPODES PARTNERS Ltd increased its stake in shares of PropertyGuru Group Limited (NYSE:PGRU - Free Report) by 97.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,223 shares of the company's stock after buying an additional 41,582 shares during the quarter. ANTIPODES PARTNERS Ltd owned about 0.05% of PropertyGuru Group worth $408,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 61.38% of the company's stock.

About PropertyGuru Group

(Get Free Report)

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.

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