Public Policy (LON:PPHC) Trading Down 0.5% – Here’s What Happened

Shares of Public Policy Holding Company, Inc. (LON:PPHC) dropped 0.5% during mid-day trading on Tuesday . The company traded as low as GBX 1,080 and last traded at GBX 1,080. Approximately 11,104 shares were traded during trading, a decline of 32% from the average daily volume of 16,246 shares. The stock had previously closed at GBX 1,085.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price objective on shares of Public Policy from GBX 270 to GBX 1,350 and gave the company a “buy” rating in a research note on Monday, October 6th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 1,350.

Public Policy Trading Up 0.5%

The company has a current ratio of 1.07, a quick ratio of 1.88 and a debt-to-equity ratio of 73.20. The firm has a 50-day moving average price of GBX 1,106.20 and a 200-day moving average price of GBX 951.05. The company has a market capitalization of £271.92 million and a price-to-earnings ratio of 12.71.

Public Policy Company Profile

Public Policy Holding Company (PPHC) is a leading bi-partisan full-service U.S. government and public affairs business based in Washington DC.

Working with over 1000 clients, including corporates, trade associations and non-governmental organisations, the Group is active in all major sectors of the U.S. economy, including healthcare and pharmaceuticals, financial services, energy, technology, telecoms and transportation. PPHC’s companies work to enhance and defend clients’ reputations, advance policy goals, manage regulatory risk, and engage with US federal and state-level policy makers, stakeholders, media and the public.