Qiwi PLC (NASDAQ:QIWI) gapped up before the market opened on Monday . The stock had previously closed at $14.38, but opened at $15.22. Qiwi shares last traded at $17.33, with a volume of 4914100 shares.
QIWI has been the topic of several analyst reports. Zacks Investment Research raised shares of Qiwi from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 18th. ValuEngine raised shares of Qiwi from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Finally, BidaskClub raised shares of Qiwi from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $22.67.
The company has a market cap of $778.15, a PE ratio of 24.07 and a beta of 3.23.
Qiwi Company Profile
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
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