Eros International PLC (NYSE:EROS) shares shot up 6.1% during mid-day trading on Thursday . The company traded as high as $13.00 and last traded at $13.00. 504,694 shares changed hands during trading, a decline of 2% from the average session volume of 514,582 shares. The stock had previously closed at $12.25.

A number of research firms recently issued reports on EROS. BidaskClub downgraded shares of Eros International PLC from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Wells Fargo & Company reiterated an “outperform” rating on shares of Eros International PLC in a research report on Wednesday, August 9th. ValuEngine downgraded shares of Eros International PLC from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Zacks Investment Research upgraded shares of Eros International PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $17.00 price objective (up previously from $15.00) on shares of Eros International PLC in a research report on Monday, October 9th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. Eros International PLC has an average rating of “Hold” and a consensus price target of $17.00.

The firm has a market capitalization of $615.56, a PE ratio of 1,275.00, a price-to-earnings-growth ratio of 4.05 and a beta of 0.57. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.10.

Eros International PLC (NYSE:EROS) last issued its quarterly earnings data on Friday, October 6th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The firm had revenue of $60.83 million during the quarter. Eros International PLC had a return on equity of 0.03% and a net margin of 0.20%. equities research analysts anticipate that Eros International PLC will post 0.21 earnings per share for the current year.

Institutional investors have recently modified their holdings of the business. American International Group Inc. raised its position in shares of Eros International PLC by 7.1% during the 1st quarter. American International Group Inc. now owns 18,219 shares of the company’s stock worth $188,000 after purchasing an additional 1,205 shares during the last quarter. Boston Common Asset Management LLC raised its position in shares of Eros International PLC by 4.5% during the 2nd quarter. Boston Common Asset Management LLC now owns 21,675 shares of the company’s stock worth $248,000 after purchasing an additional 930 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in shares of Eros International PLC during the 1st quarter worth about $256,000. Parametric Portfolio Associates LLC raised its position in shares of Eros International PLC by 36.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock worth $345,000 after purchasing an additional 8,041 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Eros International PLC by 31.4% during the 2nd quarter. Van ECK Associates Corp now owns 273,294 shares of the company’s stock worth $912,000 after purchasing an additional 65,253 shares during the last quarter. Institutional investors and hedge funds own 57.70% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first published by Daily Political and is the property of of Daily Political. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/11/16/eros-international-plc-eros-shares-up-6-1.html.

Eros International PLC Company Profile

Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.

Receive News & Ratings for Eros International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eros International PLC and related companies with MarketBeat.com's FREE daily email newsletter.