Qiwi PLC (QIWI) Stock Price Up 3.7%
Qiwi PLC (NASDAQ:QIWI)’s share price rose 3.7% during trading on Tuesday . The stock traded as high as $14.10 and last traded at $14.10, with a volume of 317,865 shares trading hands. The stock had previously closed at $13.60.
Separately, Zacks Investment Research downgraded shares of Qiwi PLC from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st. Five equities research analysts have rated the stock with a hold rating, Qiwi PLC presently has an average rating of “Hold” and an average target price of $15.63.
The stock has a market capitalization of $849.22 million and a P/E ratio of 5.39. The firm has a 50 day moving average of $12.44 and a 200-day moving average of $12.78.
Qiwi PLC (NASDAQ:QIWI) last issued its quarterly earnings data on Thursday, August 11th. The company reported $21.02 EPS for the quarter, beating the consensus estimate of $0.28 by $20.74. The firm had revenue of $40.80 million for the quarter, compared to analysts’ expectations of $38.80 million. During the same period in the prior year, the firm posted $18.40 EPS. Qiwi PLC’s revenue was up 3.7% on a year-over-year basis. On average, equities analysts anticipate that Qiwi PLC will post $1.15 EPS for the current year.
The company also recently disclosed a dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 29th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, August 25th.
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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