Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Time to Sell?

Partners Group Holding AG (OTCMKTS:PGPHF) gapped down prior to trading on Monday . The stock had previously closed at $860.00, but opened at $834.5952. Partners Group shares last traded at $834.5952, with a volume of 3 shares trading hands.

Wall Street Analyst Weigh In

PGPHF has been the topic of several recent research reports. Citigroup cut shares of Partners Group from a “buy” rating to a “sell” rating in a research note on Monday, April 13th. Oddo Bhf downgraded shares of Partners Group to a “neutral” rating in a research note on Monday, June 8th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Partners Group in a research note on Monday, June 22nd. Finally, UBS Group lowered shares of 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.com, the company presently has a consensus rating of “Reduce”.

Partners Group Stock Performance

The firm’s 50-day moving average price is $945.49 and its two-hundred day moving average price is $1,094.44. The stock has a market cap of $21.66 billion and a price-to-earnings ratio of 20,880.00.

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

About Partners Group

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.