Eros International PLC (NYSE:EROS) shares fell 13.7% on Tuesday . The company traded as low as $10.30 and last traded at $11.00. 934,200 shares traded hands during trading, an increase of 81% from the average session volume of 515,461 shares. The stock had previously closed at $12.75.

A number of research firms have recently weighed in on EROS. Zacks Investment Research cut Eros International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 10th. ValuEngine raised Eros International from a “sell” rating to a “hold” rating in a research report on Monday, September 18th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $17.00 price objective (up from $16.00) on shares of Eros International in a research report on Monday, October 9th. Jefferies Group reaffirmed a “buy” rating and set a $17.00 price objective (up from $15.00) on shares of Eros International in a research report on Monday, October 9th. Finally, BidaskClub cut Eros International from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. Eros International currently has an average rating of “Hold” and an average target price of $17.00.

The company has a market cap of $615.56, a P/E ratio of 318.75, a PEG ratio of 4.25 and a beta of 0.57. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.10.

Eros International (NYSE:EROS) last issued its earnings results on Friday, October 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The business had revenue of $60.83 million for the quarter. Eros International had a net margin of 0.96% and a return on equity of 0.22%. sell-side analysts forecast that Eros International PLC will post 0.2 EPS for the current year.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Boston Common Asset Management LLC raised its stake in Eros International by 4.5% during the 2nd quarter. Boston Common Asset Management LLC now owns 21,675 shares of the company’s stock valued at $248,000 after purchasing an additional 930 shares during the period. Parametric Portfolio Associates LLC increased its stake in Eros International by 36.4% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock worth $345,000 after acquiring an additional 8,041 shares during the last quarter. State Street Corp increased its stake in Eros International by 7.1% in the 2nd quarter. State Street Corp now owns 524,135 shares of the company’s stock worth $6,002,000 after acquiring an additional 34,838 shares during the last quarter. Van ECK Associates Corp increased its stake in Eros International by 31.4% in the 2nd quarter. Van ECK Associates Corp now owns 273,294 shares of the company’s stock worth $912,000 after acquiring an additional 65,253 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in Eros International in the 3rd quarter worth approximately $1,605,000. 64.56% of the stock is currently owned by institutional investors.

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Eros International Company Profile

Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.

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