Publicis Groupe SA (OTCMKTS:PUBGY – Get Free Report) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 1,054,943 shares, a decrease of 38.8% from the May 14th total of 1,722,453 shares. Based on an average trading volume of 410,533 shares, the short-interest ratio is presently 2.6 days. Currently, 0.1% of the shares of the company are short sold.
Publicis Groupe Price Performance
PUBGY stock opened at $26.18 on Monday. Publicis Groupe has a 52 week low of $19.72 and a 52 week high of $28.54. The company’s 50-day simple moving average is $23.55 and its 200 day simple moving average is $23.63. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97.
Wall Street Analyst Weigh In
Several equities analysts recently commented on PUBGY shares. The Goldman Sachs Group upgraded shares of Publicis Groupe to a “strong-buy” rating in a research note on Wednesday, June 3rd. Berenberg Bank upgraded shares of Publicis Groupe to a “strong-buy” rating in a research note on Tuesday, June 9th. Four analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Publicis Groupe presently has a consensus rating of “Strong Buy”.
About Publicis Groupe
Publicis Groupe (OTCMKTS:PUBGY) is a global advertising and communications holding company headquartered in Paris, France. Founded in 1926 by Marcel Bleustein-Blanchet, the company has grown into one of the world’s largest marketing, communication and digital transformation groups. Publicis provides a wide range of marketing services including creative advertising, media planning and buying, public relations, brand strategy, healthcare communications and experiential marketing.
In recent decades Publicis has expanded its capabilities into digital, data and technology-driven services through its network brands and acquisitions.
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