Publicis Groupe SA (OTCMKTS:PUBGY) Sees Significant Increase in Short Interest

Publicis Groupe SA (OTCMKTS:PUBGY) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 504,579 shares, a growth of 1,422.4% from the November 30th total of 33,144 shares. Based on an average trading volume of 231,909 shares, the short-interest ratio is presently 2.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 231,909 shares, the short-interest ratio is presently 2.2 days.

Analysts Set New Price Targets

Separately, Huber Research upgraded Publicis Groupe to a “strong-buy” rating in a report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the company has a consensus rating of “Strong Buy”.

Publicis Groupe Stock Performance

PUBGY stock opened at $25.94 on Thursday. The business has a 50 day moving average of $25.03 and a 200 day moving average of $24.80. Publicis Groupe has a twelve month low of $20.71 and a twelve month high of $28.73. The company has a quick ratio of 0.90, a current ratio of 0.93 and a debt-to-equity ratio of 0.31.

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.