Publicis Groupe (OTCMKTS:PUBGY) Shares Gap Up – Time to Buy?

Shares of Publicis Groupe SA (OTCMKTS:PUBGY) gapped up before the market opened on Monday . The stock had previously closed at $22.26, but opened at $23.32. Publicis Groupe shares last traded at $23.58, with a volume of 88,022 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Publicis Groupe from a “strong-buy” rating to a “hold” rating in a research note 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’s stock. According to MarketBeat.com, Publicis Groupe currently has a consensus rating of “Buy”.

Publicis Groupe Price Performance

The stock’s 50 day simple moving average is $22.08 and its 200 day simple moving average is $23.60. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97.

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.