Hypoport (ETR:HYQ) Sets New 1-Year High at $299.00
Hypoport AG (ETR:HYQ) hit a new 52-week high on Wednesday . The stock traded as high as €299.00 ($347.67) and last traded at €299.00 ($347.67), with a volume of 7555 shares traded. The stock had previously closed at €281.50 ($327.33).
Several equities research analysts recently weighed in on HYQ shares. Warburg Research set a €320.00 ($372.09) target price on Hypoport and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Berenberg Bank set a €310.00 ($360.47) price target on shares of Hypoport and gave the company a “buy” rating in a research note on Tuesday, November 5th.
The company has a debt-to-equity ratio of 70.79, a current ratio of 1.22 and a quick ratio of 1.13. The company has a market cap of $1.84 billion and a price-to-earnings ratio of 76.31. The business’s 50-day simple moving average is €275.58 and its 200-day simple moving average is €241.34.
Hypoport AG operates as a technology-based financial service provider in Germany. The company operates through four business units: Credit Platform, Financial Product Sales – Institutional Clients, Financial Product Sales – Private Clients, and Insurance Platform. It offers EUROPACE marketplace for independent distributors to process their financing transactions with the product suppliers they represent.
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