PropertyGuru Group (NYSE:PGRU) Shares Gap Down to $4.25

PropertyGuru Group Limited (NYSE:PGRU) shares gapped down before the market opened on Friday . The stock had previously closed at $4.25, but opened at $4.08. PropertyGuru Group shares last traded at $4.08, with a volume of 722 shares trading hands.

PropertyGuru Group Price Performance

The business’s 50 day moving average price is $4.26 and its two-hundred day moving average price is $4.49. The stock has a market cap of $642.19 million, a P/E ratio of -28.21 and a beta of 0.27. The company has a current ratio of 3.56, a quick ratio of 3.56 and a debt-to-equity ratio of 0.01.

Institutional Investors Weigh In On PropertyGuru Group

A number of large investors have recently modified their holdings of PGRU. Cambridge Investment Research Advisors Inc. bought a new stake in shares of PropertyGuru Group during the 1st quarter valued at about $100,000. Invesco Ltd. bought a new stake in PropertyGuru Group during the first quarter worth about $253,000. Royal Bank of Canada bought a new stake in PropertyGuru Group during the first quarter worth about $42,000. Jane Street Group LLC bought a new stake in PropertyGuru Group during the first quarter worth about $465,000. Finally, Natixis bought a new stake in PropertyGuru Group during the fourth quarter worth about $2,500,000. Institutional investors own 61.44% of the company’s stock.

PropertyGuru Group Company Profile

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, and sales process and workflow automation software for developers.