Kering SA (OTCMKTS:PPRUY) Stock Short Interest Report for October

Kering SA (OTCMKTS:PPRUY) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 65,858 shares, a drop of 66.7% from the September 30th total of 197,587 shares. Based on an average trading volume of 806,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Kering in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kering in a research report on Wednesday, August 12th. HSBC raised shares of Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 29th. Zacks Research upgraded Kering from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Kering in a research note on Monday, August 17th. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Kering Trading Down 0.8%

Shares of PPRUY stock opened at $19.73 on Thursday. Kering has a twelve month low of $19.53 and a twelve month high of $38.10. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.05 and a quick ratio of 1.57. The firm has a 50-day moving average price of $25.81 and a 200 day moving average price of $29.18.

Kering Company Profile

Kering is a France-based global luxury goods group that develops, manages and distributes fashion, leather goods, jewelry, watches, eyewear and beauty products through a portfolio of luxury houses. Its brands serve customers through directly operated stores, e-commerce platforms, wholesale partners and other distribution channels across major markets worldwide, including Europe, North America and Asia-Pacific.

The group’s principal houses include Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735.