Qiwi PLC (NASDAQ:QIWI)’s share price was up 3.6% during mid-day trading on Wednesday . The company traded as high as $13.00 and last traded at $12.83, with a volume of 480,127 shares. The stock had previously closed at $12.38.

A number of equities analysts recently issued reports on QIWI shares. Zacks Investment Research raised shares of Qiwi PLC from a “sell” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Wednesday, April 6th. JPMorgan Chase & Co. reaffirmed a “hold” rating on shares of Qiwi PLC in a research note on Wednesday, March 16th. Finally, Susquehanna decreased their target price on shares of Qiwi PLC from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Monday, March 21st. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Qiwi PLC presently has a consensus rating of “Hold” and an average target price of $15.63.

The company has a 50-day moving average price of $13.00 and a 200 day moving average price of $13.53. The firm has a market capitalization of $773.60 million and a price-to-earnings ratio of 5.13.

Qiwi PLC (NASDAQ:QIWI) last released its quarterly earnings data on Wednesday, May 18th. The company reported $20.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $16.23 by $4.18. The firm had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.53 billion. Qiwi PLC’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $20.29 earnings per share. Equities analysts anticipate that Qiwi PLC will post $74.48 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Qiwi PLC stock. GSA Capital Partners LLP raised its stake in shares of Qiwi PLC (NASDAQ:QIWI) by 21.1% during the fourth quarter, Holdings Channel reports. The fund owned 231,830 shares of the company’s stock after buying an additional 40,344 shares during the period. GSA Capital Partners LLP owned about 0.38% of Qiwi PLC worth $4,161,000 at the end of the most recent quarter.

QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. It had deployed over 16.1 million virtual wallets, approximately 172,000 kiosks and terminals, and enabled merchants to accept cash and electronic payments.

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