Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Should You Sell?

Partners Group Holding AG (OTCMKTS:PGPHF)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $1,051.96, but opened at $928.2199. Partners Group shares last traded at $928.2199, with a volume of 1 shares traded.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut Partners Group from a “buy” rating to a “sell” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Partners Group Price Performance

The firm has a market capitalization of $24.12 billion and a price-to-earnings ratio of 89.62. The firm has a 50 day moving average price of $1,109.01 and a 200-day moving average price of $1,167.86.

Partners Group (OTCMKTS:PGPHF) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $11.20 million during the quarter.

About Partners Group

Partners Group Holding AG (OTCMKTS: PGPHF) is a global private markets investment manager that specializes in private equity, private debt, private real estate and private infrastructure. The firm develops tailored investment solutions for institutional investors, sovereign wealth funds, family offices and high-net-worth individuals. Its services include direct investments, primary fund commitments and secondary market transactions, as well as customized portfolio and advisory offerings.

Founded in 1996 and headquartered in Baar, Switzerland, Partners Group completed its initial public offering on the SIX Swiss Exchange in 2006.