PropertyGuru Group (NYSE:PGRU) Shares Down 3.9%

PropertyGuru Group Limited (NYSE:PGRU)’s share price fell 3.9% during trading on Tuesday . The company traded as low as $4.98 and last traded at $4.98. 5,674 shares changed hands during trading, a decline of 79% from the average session volume of 27,444 shares. The stock had previously closed at $5.18.

Wall Street Analyst Weigh In

Separately, Benchmark reaffirmed a “buy” rating and issued a $7.00 target price on shares of PropertyGuru Group in a research report on Wednesday, May 22nd.

PropertyGuru Group Trading Down 1.5 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.48 and a current ratio of 3.48. The business has a 50 day moving average price of $4.50 and a 200-day moving average price of $3.84.

PropertyGuru Group (NYSE:PGRU) last posted its quarterly earnings results on Tuesday, May 21st. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $27.24 million for the quarter. PropertyGuru Group had a negative return on equity of 1.12% and a negative net margin of 7.37%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PropertyGuru Group stock. Leo Wealth LLC bought a new position in PropertyGuru Group Limited (NYSE:PGRU) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 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.