PropertyGuru Group Limited (NYSE:PGRU – Get Free Report)’s share price was up 3.9% during mid-day trading on Tuesday . The company traded as high as $3.75 and last traded at $3.74. Approximately 24,309 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 29,041 shares. The stock had previously closed at $3.60.
Wall Street Analysts Forecast Growth
Separately, Benchmark reaffirmed a “buy” rating and set a $7.00 price target on shares of PropertyGuru Group in a research report on Monday, March 4th.
View Our Latest Stock Report on PGRU
PropertyGuru Group Trading Up 6.1 %
PropertyGuru Group (NYSE:PGRU – Get Free Report) last released its earnings results on Friday, March 1st. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.04. The company had revenue of $30.76 million for the quarter. PropertyGuru Group had a negative return on equity of 1.76% and a negative net margin of 10.21%. During the same period last year, the company posted ($0.02) earnings per share. On average, equities research analysts predict that PropertyGuru Group Limited will post -0.02 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in PropertyGuru Group stock. Leo Wealth LLC acquired a new stake in PropertyGuru Group Limited (NYSE:PGRU – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $34,000. 61.38% of the stock is owned by institutional investors.
About PropertyGuru Group
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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