PropertyGuru Group (NYSE:PGRU) Sees Large Volume Increase

PropertyGuru Group Limited (NYSE:PGRU) shares saw an uptick in trading volume on Friday . 29,745 shares traded hands during mid-day trading, an increase of 159% from the previous session’s volume of 11,506 shares.The stock last traded at $3.88 and had previously closed at $3.71.

PropertyGuru Group Trading Down 2.7 %

The company has a market cap of $586.91 million, a price-to-earnings ratio of -25.79 and a beta of 0.30. The firm has a 50-day moving average price of $3.98 and a 200 day moving average price of $4.24. The company has a current ratio of 3.56, a quick ratio of 3.56 and a debt-to-equity ratio of 0.01.

PropertyGuru Group (NYSE:PGRU) last issued its earnings results on Thursday, August 24th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $27.54 million during the quarter. PropertyGuru Group had a negative return on equity of 3.09% and a negative net margin of 20.44%. As a group, sell-side analysts forecast that PropertyGuru Group Limited will post -0.18 EPS for the current year.

Institutional Trading of PropertyGuru Group

Several hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada bought a new stake in shares of PropertyGuru Group in the 1st quarter worth approximately $42,000. Leo Brokerage LLC bought a new stake in shares of PropertyGuru Group in the 1st quarter worth approximately $50,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of PropertyGuru Group in the 1st quarter worth approximately $100,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of PropertyGuru Group in the 3rd quarter worth approximately $73,000. Finally, ANTIPODES PARTNERS Ltd lifted its holdings in shares of PropertyGuru Group by 617.0% in the 1st quarter. ANTIPODES PARTNERS Ltd now owns 34,352 shares of the company’s stock worth $171,000 after purchasing an additional 29,561 shares during the last quarter. 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.