Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Here’s What Happened

Partners Group Holding AG (OTCMKTS:PGPHF)’s share price gapped down prior to trading on Monday . The stock had previously closed at $911.99, but opened at $877.62. Partners Group shares last traded at $877.62, with a volume of 28 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PGPHF. The Goldman Sachs Group reissued a “neutral” rating on shares of Partners Group in a research report on Monday, June 22nd. Oddo Bhf downgraded shares of Partners Group to a “neutral” rating in a research note on Monday, June 8th. Finally, UBS Group lowered shares of Partners Group from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Partners Group Stock Performance

The firm has a market capitalization of $23.08 billion and a price-to-earnings ratio of 22,250.00. The stock’s fifty day moving average is $851.20 and its two-hundred day moving average is $1,032.84.

Partners Group (OTCMKTS:PGPHF) last announced its earnings results on Friday, May 15th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $11.20 million for the quarter.

Partners Group Company Profile

Partners Group Holding AG (OTCMKTS: PGPHF) is a global private markets investment manager that specializes in private equity, private debt, private real estate and private infrastructure. The firm develops tailored investment solutions for institutional investors, sovereign wealth funds, family offices and high-net-worth individuals. Its services include direct investments, primary fund commitments and secondary market transactions, as well as customized portfolio and advisory offerings.

Founded in 1996 and headquartered in Baar, Switzerland, Partners Group completed its initial public offering on the SIX Swiss Exchange in 2006.