Kering SA (OTCMKTS:PPRUY) Short Interest Update

Kering SA (OTCMKTS:PPRUY) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 114,800 shares, an increase of 635.9% from the January 31st total of 15,600 shares. Based on an average daily trading volume, of 405,200 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Several analysts recently commented on PPRUY shares. Kepler Capital Markets upgraded Kering from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. JPMorgan Chase & Co. lowered shares of Kering from a “neutral” rating to an “underweight” rating in a report on Monday, December 2nd. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Kering Stock Performance

Shares of Kering stock traded down $0.21 on Friday, hitting $27.97. 121,783 shares of the company were exchanged, compared to its average volume of 273,812. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average price of $25.81 and a 200 day moving average price of $25.68. Kering has a 1-year low of $21.69 and a 1-year high of $47.15.

Kering Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 13th were paid a dividend of $0.2097 per share. The ex-dividend date of this dividend was Monday, January 13th.

Kering Company Profile

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.