The shares of PPDAI Group Inc. (NYSE:PPDF) has been pegged with a rating of Equal-Weight by Morgan Stanley in its latest research note that was published on December 11th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $6.78. The price of the stock the last time has raised by 14.39% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 26.54.
The shares of the company dipped by -4.40% during the trading session on Tuesday, reaching a low of $3.23 while ending the day at $3.26. During the trading session, a total of 2.33 million shares were traded which represents a -63.86% decline from the average session volume which is 1.42M shares. PPDF had ended its last session trading at 3.41. PPDAI Group Inc. currently has a market cap of $1.08B, while its P/E ratio stands at 1.77, while its P/E earnings growth sits at 1.56. PPDAI Group Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at . PPDF 52-week low price stands at $2.85 while its 52-week high price is $6.95.
The company in its last quarterly report recorded $2.26 earnings per share which is above the $1.58 predicted by most analysts. The PPDAI Group Inc. generated $1,458.34 million in revenue during the last quarter, which is slightly higher than the $1,234.13 million predicted by analysts. In the second quarter last year, the firm recorded $2.40 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -6.19%. PPDAI Group Inc. has the potential to record 1.84 EPS for the current fiscal year, according to equities analysts.
Investment analysts at The Benchmark Company published a research note on July 25th, 2019 where it informed investors and clients that Liberty Global Plc (NASDAQ:LBTYA) is now rated as Buy. Their price target on the stock stands at $34. Even though the stock has been trading at $26.51/share, analysts expect it to surge higher by 1.02% to reach $30.20/share. It started the day trading at $27.12 and traded between $26.43 and $26.78 throughout the trading session.
A look at its technical shows that LBTYA’s 50-day SMA is 26.79 while its 200-day SMA stands at 25.30. The stock has a high of $29.55 for the year while the low is $19.88. The company’s P/E ratio currently sits at 34.78, while the P/B ratio is 4.55. At the moment, only of Liberty Global Plc shares were sold short. The company’s average trading volume currently stands at 1.73M shares, which means that the short-interest ratio is just 1.91 days. Over the past seven days, the company moved, with its shift of 4.77%. Looking further, the stock has raised 7.51% over the past 90 days while it gained 7.90% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Harris Associates LP bought more LBTYA shares, increasing its portfolio by +27.08% during the last quarter. This move now sees Harris Associates LP purchasing 6,850,715 shares in the last quarter, thus it now holds 32,145,224 shares of LBTYA, with a total valuation of $857,313,124. Dodge Cox followed the path by decreasing its LBTYA portfolio by -2.04% in the quarter. This means that Dodge Cox sold -387,300 shares in the last quarter and now controls 18,569,703 shares of the LBTYA stock, with the valuation hitting $495,253,979.
Similarly, Cascade Investment LLC decreased its Liberty Global Plc shares by 0.00% during the recently filed quarter. After selling 0 shares in the last quarter, the firm now controls 8,736,009 shares of Liberty Global Plc which are valued at $232,989,360. In the same vein, Norges Bank Investment Management decreased its Liberty Global Plc shares by during the most recent reported quarter. The firm sold -1,022,854 shares during the quarter which decreased its stakes to 5,725,070 shares and is now valued at $152,687,617. Following these latest developments, around 0.60% of Liberty Global Plc stocks are owned by institutional investors and hedge funds.