PGRU Stock Summary and Trading Ideas (Propertyguru Group | NYSE:PGRU)

PropertyGuru Group Ltd is a property technology company. The company provides digital property marketplaces to match buyers and tenants with sellers and landlords, digital marketing services for property agents and developers, SaaS-based sales process automation for property developers, a digital mortgage marketplace and brokerage, and property data consultancy services for banks, valuers and property developers. Their operating segments and reportable segments are each of its four marketplaces, Singapore, Vietnam, Malaysia and Other Asia, and Fintech and data services.

Propertyguru Group trades on the NYSE stock market under the symbol PGRU.

As of December 31, 2024, PGRU stock price was flat at $6.70 with million shares trading.

PGRU has a beta of 0.79, meaning it tends to be less sensitive to market movements. PGRU has a correlation of 0.07 to the broad based SPY ETF.

PGRU has a market cap of $1.10 billion. This is considered a Small Cap stock.

Last quarter Propertyguru Group reported $30 million in Revenue and -$.07 earnings per share. This fell short of revenue expectation by $-486,000 and missed earnings estimates by -$.06.

PGRU has outperformed the market in the last year with a price return of +100.6% while the SPY ETF gained +24.8%. However, in the short term, PGRU had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.4% vs +2.5% return in SPY. But in the last 2 weeks, PGRU shares have fared better than the market returning 0.0% compared to SPY -2.7%.

PGRU support price is $6.69 and resistance is $6.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PGRU shares will trade within this expected range on the day.