Partners Group (OTCMKTS:PGPHF) Shares Gap Down – What’s Next?

Partners Group Holding AG (OTCMKTS:PGPHF)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $905.80, but opened at $849.8485. Partners Group shares last traded at $849.8485, with a volume of 3 shares traded.

Wall Street Analyst Weigh In

PGPHF has been the topic of several research reports. UBS Group downgraded Partners Group from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 8th. The Goldman Sachs Group reissued a “neutral” rating on shares of Partners Group in a report on Monday, June 22nd. Finally, Oddo Bhf cut Partners Group to a “neutral” rating in a research note on Monday, June 8th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Partners Group Stock Performance

The firm has a market cap of $22.18 billion and a PE ratio of 14,253.00. The stock has a 50 day simple moving average of $856.80 and a two-hundred day simple moving average of $1,000.48.

Partners Group (OTCMKTS:PGPHF) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $11.71 million during 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.