PropertyGuru Group Reaches New 52-Week High at 6.63
Slightly above 67% of PropertyGuru's investor base is looking to short. The analysis of current outlook of investing in PropertyGuru Group suggests that many traders are alarmed regarding PropertyGuru's prospects. PropertyGuru's investing sentiment can be driven by a variety of factors including economic data, PropertyGuru's earnings reports, geopolitical events, and overall market trends.
PropertyGuru |
PropertyGuru Group Limited s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as 6.63 and last traded at 6.61, with a volume of 453387 shares changing hands. The stock had previously closed at 6.60. Analysts Set New Price Targets A number
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PropertyGuru Fundamental Analysis
We analyze PropertyGuru's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PropertyGuru using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PropertyGuru based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
PropertyGuru is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
PropertyGuru Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PropertyGuru stock to make a market-neutral strategy. Peer analysis of PropertyGuru could also be used in its relative valuation, which is a method of valuing PropertyGuru by comparing valuation metrics with similar companies.
Peers
PropertyGuru Related Equities
| SEAT | Vivid Seats | 1.15 | ||||
| MAX | MediaAlpha | 0.20 | ||||
| TME | Tencent Music | 1.11 | ||||
| AREN | Arena Group | 1.73 | ||||
| CMCM | Cheetah Mobile | 1.80 | ||||
| WB | Weibo Corp | 2.44 | ||||
| THRY | Thryv Holdings | 3.18 | ||||
| ATHM | Autohome | 3.32 | ||||
| SCOR | Comscore | 4.81 | ||||
| DOYU | DouYu International | 6.30 | ||||
| EVER | EverQuote | 13.06 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in PropertyGuru Stock
If you are still planning to invest in PropertyGuru Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PropertyGuru's history and understand the potential risks before investing.
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