Partners Group (OTCMKTS:PGPHF) Reaches New 52-Week Low – Here’s What Happened

Shares of Partners Group Holding AG (OTCMKTS:PGPHF) hit a new 52-week low on Monday . The company traded as low as $840.00 and last traded at $840.00, with a volume of 51 shares trading hands. The stock had previously closed at $866.4320.

Wall Street Analyst Weigh In

Several equities analysts have commented on PGPHF shares. The Goldman Sachs Group reissued a “neutral” rating on shares of Partners Group in a research report on Monday. Citigroup lowered Partners Group from a “buy” rating to a “sell” rating in a research report on Monday, April 13th. Finally, Oddo Bhf cut Partners Group to a “neutral” rating in a research note on Monday, June 8th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Partners Group Stock Down 4.1%

The firm has a market capitalization of $20.78 billion and a price-to-earnings ratio of 89.62. The stock has a 50-day moving average price of $1,059.14 and a 200 day moving average price of $1,140.75.

Partners Group (OTCMKTS:PGPHF) last issued its earnings results on Friday, May 15th. The company reported $0.04 earnings per share for the quarter. The firm 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.