Qiwi PLC (QIWI) Shares Up 1.6%
Qiwi PLC (NASDAQ:QIWI) shot up 1.6% on Wednesday . The company traded as high as $14.53 and last traded at $14.52, with a volume of 388,230 shares changing hands. The stock had previously closed at $14.29.
Separately, Zacks Investment Research downgraded shares of Qiwi PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 21st. Five 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 50 day moving average of $12.69 and a 200-day moving average of $12.86. The company has a market cap of $877.63 million and a PE ratio of 5.57.
Qiwi PLC (NASDAQ:QIWI) last announced its earnings results on Thursday, August 11th. The company reported $21.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.28 by $20.74. During the same period in the prior year, the business posted $18.40 EPS. The firm earned $40.80 million during the quarter, compared to analyst estimates of $38.80 million. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. Analysts expect that Qiwi PLC will post $1.15 earnings per share for the current year.
The company also recently announced a dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 29th will be given a $0.20 dividend. The ex-dividend date 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.