Publicis Groupe SA (OTCMKTS:PUBGY) Sees Large Drop in Short Interest

Publicis Groupe SA (OTCMKTS:PUBGY) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 232,903 shares, a decline of 84.1% from the January 29th total of 1,460,805 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 933,558 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 933,558 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Publicis Groupe Stock Up 3.4%

Shares of Publicis Groupe stock traded up $0.74 during trading on Thursday, hitting $22.22. The stock had a trading volume of 184,452 shares, compared to its average volume of 332,576. Publicis Groupe has a 1 year low of $20.71 and a 1 year high of $28.73. The stock has a 50 day simple moving average of $24.48 and a 200 day simple moving average of $24.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.90 and a current ratio of 0.97.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on PUBGY. Barclays cut Publicis Groupe from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 4th. Citigroup raised Publicis Groupe to a “strong-buy” rating in a report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Strong 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.