Public Policy (LON:PPHC) Stock Price Up 2.7% - Should You Buy?

Key Points

• Shares of Public Policy Holding Company (LON:PPHC) increased by 2.7%, trading at GBX 176.10 ($2.34), with a notable rise in trading volume by 282% compared to average sessions.
• Canaccord Genuity reaffirmed a "buy" rating on the stock with a price target of GBX 270 ($3.59).
• The company has a market capitalization of £262.99 million and a P/E ratio of -11.64, reflecting its current financial stance.

Public Policy Holding Company, Inc. (LON:PPHC - Get Free Report)'s share price shot up 2.7% during trading on Tuesday . The stock traded as high as GBX 176.50 ($2.36) and last traded at GBX 176.10 ($2.35). 361,046 shares were traded during mid-day trading, an increase of 282% from the average session volume of 94,444 shares. The stock had previously closed at GBX 171.50 ($2.29).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 270 ($3.61) price target on shares of Public Policy in a research report on Tuesday, July 15th.

Public Policy Stock Down 0.7%

The company has a quick ratio of 1.88, a current ratio of 1.07 and a debt-to-equity ratio of 73.20. The firm has a market capitalization of £262.76 million and a PE ratio of -11.63. The business's 50-day moving average price is GBX 154.89 and its 200-day moving average price is GBX 141.39.

Public Policy Company Profile

Public Policy Holding Company (PPHC) is a leading bi-partisan full-service U.S. government and public affairs business based in Washington DC. Working with over 1000 clients, including corporates, trade associations and non-governmental organisations, the Group is active in all major sectors of the U.S.