Shares of Kering SA (OTCMKTS:PPRUY – Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.81 and traded as low as $34.06. Kering shares last traded at $34.59, with a volume of 110,179 shares traded.
Kering Stock Performance
The firm’s 50 day moving average price is $40.81 and its 200-day moving average price is $42.10. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 1.38.
Kering Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 1st will be paid a $1.009 dividend. The ex-dividend date is Tuesday, April 30th. This is a positive change from Kering’s previous dividend of $0.50.
About Kering
Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.
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