Qiwi PLC (NASDAQ:QIWI) shares saw an uptick in trading volume on Thursday . 308,805 shares were traded during trading, a decline of 7% from the previous session’s volume of 331,941 shares.The stock last traded at $12.35 and had previously closed at $12.59.

Several research firms have commented on QIWI. Zacks Investment Research raised shares of Qiwi PLC from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Wednesday, May 25th. Susquehanna lowered their target price on shares of Qiwi PLC from $20.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday, March 21st. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Qiwi PLC has an average rating of “Hold” and an average price target of $15.63.

The firm has a market cap of $739.17 million and a P/E ratio of 4.90. The stock’s 50 day moving average is $13.12 and its 200 day moving average is $13.36.

Qiwi PLC (NASDAQ:QIWI) last announced its earnings results on Wednesday, May 18th. The company reported $20.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $16.23 by $4.18. During the same quarter in the previous year, the company earned $20.29 EPS. The business had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.53 billion. The business’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts predict that Qiwi PLC will post $74.51 EPS for the current year.

An institutional investor recently raised its position in Qiwi PLC stock. GSA Capital Partners LLP raised its position in Qiwi PLC (NASDAQ:QIWI) by 21.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 approximately 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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