Partners Group (OTCMKTS:PGPHF) Shares Gap Up – Should You Buy?

Shares of Partners Group Holding AG (OTCMKTS:PGPHF) gapped up prior to trading on Friday . The stock had previously closed at $880.1250, but opened at $922.97. Partners Group shares last traded at $908.1413, with a volume of 6 shares changing hands.

Wall Street Analyst Weigh In

Separately, Citigroup downgraded shares of Partners Group from a “buy” rating to a “sell” rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Partners Group presently has an average rating of “Sell”.

Partners Group Trading Up 2.0%

The company’s 50-day simple moving average is $1,106.63 and its 200 day simple moving average is $1,165.80. The stock has a market cap of $23.56 billion and a P/E ratio of 89.62.

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