eToro Group Ltd. (NASDAQ:ETOR - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $52.88 and last traded at $57.01, with a volume of 1348207 shares trading hands. The stock had previously closed at $53.86.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Citizens Jmp assumed coverage on shares of eToro Group in a research report on Monday, June 9th. They issued an "outperform" rating and a $85.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on eToro Group in a research note on Monday, June 9th. They set a "hold" rating and a $70.00 target price for the company. Jefferies Financial Group assumed coverage on eToro Group in a research note on Monday, June 9th. They set a "buy" rating and a $80.00 target price for the company. TD Cowen assumed coverage on eToro Group in a research note on Monday, June 9th. They set a "buy" rating and a $80.00 target price for the company. Finally, Citigroup assumed coverage on shares of eToro Group in a research note on Monday, June 9th. They set a "neutral" rating and a $72.00 price target for the company. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, eToro Group has an average rating of "Moderate Buy" and a consensus price target of $75.63.
View Our Latest Research Report on eToro Group
eToro Group Price Performance
The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.76 and a current 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 (EPS) for the quarter. The company had revenue of $3.76 billion for the quarter.
Hedge Funds Weigh In On eToro Group
An institutional investor recently bought a new position in eToro Group stock. PFG Investments LLC acquired a new position in shares of eToro Group Ltd. (NASDAQ:ETOR - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 4,175 shares of the company's stock, valued at approximately $278,000.
eToro Group Company Profile
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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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