eToro Group Ltd. (NASDAQ:ETOR - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The company traded as low as $57.30 and last traded at $57.92, with a volume of 310031 shares changing hands. The stock had previously closed at $59.37.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on ETOR shares. TD Cowen assumed coverage on shares of eToro Group in a research note on Monday, June 9th. They set a "buy" rating and a $80.00 price target on the stock. Canaccord Genuity Group assumed coverage on shares of eToro Group in a research report on Monday, June 9th. They set a "buy" rating and a $78.00 target price on the stock. Redburn Atlantic started coverage on shares of eToro Group in a report on Monday, June 9th. They issued a "neutral" rating and a $68.00 target price for the company. Susquehanna began coverage on shares of eToro Group in a research report on Monday, June 9th. They set a "neutral" rating and a $70.00 price target for the company. Finally, Citizens Jmp began coverage on eToro Group in a report on Monday, June 9th. They issued an "outperform" rating and a $85.00 price target on the stock. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $75.88.
Check Out Our Latest Stock Report on ETOR
eToro Group Trading Down 2.5%
The company has a debt-to-equity ratio of 0.09, a current ratio of 3.76 and a quick ratio of 3.76.
eToro Group (NASDAQ:ETOR - Get Free Report) last announced its earnings results on Tuesday, June 10th. The company reported $0.69 earnings per share for the quarter. The firm had revenue of $3.76 billion during the quarter.
About eToro Group
(
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Our mission is to open the global markets, connect our users to leading investors and give them the tools they need to grow their knowledge and wealth. The global financial markets are widely recognized as one of the greatest paths to wealth creation, although they have historically been opaque and inaccessible to many.
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