Public Policy (LON:PPHC) Trading 1% Higher - Should You Buy?

Key Points

• Public Policy Holding Company (LON:PPHC) shares rose by 1% to GBX 202 ($2.72), with trading volume increasing by 23% compared to its average session volume.
• Wall Street analysts have a generally optimistic view on the stock, with Canaccord Genuity issuing a "buy" rating and a price target of GBX 270.
• Public Policy has a market capitalization of £253.86 million but a notably high price-to-earnings ratio of -961.90, indicating more price volatility or underperformance relative to earnings.

Public Policy Holding Company, Inc. (LON:PPHC - Get Free Report)'s stock price traded up 1% on Wednesday . The stock traded as high as GBX 202 ($2.72) and last traded at GBX 202 ($2.72). 104,908 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 84,969 shares. The stock had previously closed at GBX 200 ($2.70).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 270 price target on shares of Public Policy in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Public Policy has an average rating of "Buy" and an average target price of GBX 260.

Public Policy Trading Up 1.0%

The stock has a market capitalization of £253.86 million and a price-to-earnings ratio of -961.90. The company's 50-day moving average is GBX 178.47 and its 200-day moving average is GBX 153.85. The company has a quick ratio of 1.88, a current ratio of 1.07 and a debt-to-equity ratio of 73.20.

About Public Policy

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.

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