Public Policy (LON:PPHC) Stock Price Up 2.7% - Here's What Happened

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) shares were up 2.7% on Tuesday . The stock traded as high as GBX 176.50 ($2.37) and last traded at GBX 176.10 ($2.37). Approximately 361,046 shares changed hands during mid-day trading, an increase of 282% from the average daily volume of 94,444 shares. The stock had previously closed at GBX 171.50 ($2.31).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 270 ($3.63) target price on shares of Public Policy in a report on Tuesday, July 15th.

Public Policy Trading Down 0.6%

The company has a fifty day moving average of GBX 156.25 and a two-hundred day moving average of GBX 141.92. The company has a current ratio of 1.07, a quick ratio of 1.88 and a debt-to-equity ratio of 73.20. The stock has a market capitalization of £258.48 million and a price-to-earnings ratio of -11.44.

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.