Partners Group (OTCMKTS:PGPHF) Stock Price Down 7.4% – Should You Sell?

Partners Group Holding AG (OTCMKTS:PGPHFGet Free Report) fell 7.4% during mid-day trading on Wednesday . The stock traded as low as $838.57 and last traded at $838.57. Approximately 15 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 130 shares. The stock had previously closed at $905.80.

Analyst Upgrades and Downgrades

PGPHF has been the subject of several analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Partners Group in a research report on Monday, June 22nd. Oddo Bhf downgraded Partners Group to a “neutral” rating in a research report on Monday, June 8th. Finally, UBS Group lowered Partners Group from a “buy” rating to a “neutral” rating in a research note 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. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

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Partners Group Stock Performance

The business has a 50 day moving average price of $857.89 and a 200-day moving average price of $997.36. The company has a market capitalization of $21.75 billion and a price-to-earnings ratio of 13,976.17.

Partners Group (OTCMKTS:PGPHFGet Free Report) last released its earnings results on Friday, August 14th. The company reported $0.02 EPS for the quarter. The business had revenue of $11.71 million for the quarter.

About Partners Group

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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.

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