Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Update

Publicis Groupe SA (OTCMKTS:PUBGY) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 468,645 shares, a growth of 1,391.1% from the April 15th total of 31,429 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 271,159 shares, the days-to-cover ratio is currently 1.7 days.

Publicis Groupe Price Performance

Publicis Groupe stock traded down $1.48 during midday trading on Monday, reaching $22.48. 597,463 shares of the stock traded hands, compared to its average volume of 269,874. The company has a 50-day simple moving average of $21.94 and a two-hundred day simple moving average of $23.70. Publicis Groupe has a 12-month low of $19.72 and a 12-month high of $28.73. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97.

Analysts Set New Price Targets

PUBGY has been the subject of a number of research analyst reports. Citigroup upgraded Publicis Groupe to a “strong-buy” rating in a report on Monday, January 12th. Barclays cut Publicis Groupe from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Publicis Groupe Company Profile

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.