Shares of PropertyGuru Limited (NYSE:PGRU – Get Rating) gapped up before the market opened on Friday . The stock had previously closed at $4.42, but opened at $4.55. PropertyGuru shares last traded at $4.49, with a volume of 308 shares changing hands.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on PGRU shares. JMP Securities started coverage on shares of PropertyGuru in a research report on Thursday, June 30th. They set an “outperform” rating and a $7.50 price target on the stock. HSBC started coverage on shares of PropertyGuru in a research report on Wednesday, June 15th. They set a “buy” rating and a $8.40 price target on the stock.
PropertyGuru Stock Performance
The company’s 50 day moving average is $4.75. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.10 and a current ratio of 3.10.
Institutional Trading of PropertyGuru
PropertyGuru Limited operates online property classifieds marketplaces in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. It serves agents and developers to advertise residential and commercial properties for sale or rent to property seekers. The company was incorporated in 2006 and is based in Singapore.
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