Kering SA (OTCMKTS:PPRUY) Short Interest Update

Kering SA (OTCMKTS:PPRUY) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 25,974 shares, a growth of 21.1% from the January 15th total of 21,452 shares. Based on an average daily volume of 305,496 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 305,496 shares, the days-to-cover ratio is currently 0.1 days.

Kering Price Performance

Kering stock opened at $32.42 on Wednesday. Kering has a 12 month low of $17.02 and a 12 month high of $40.70. The business has a 50 day simple moving average of $34.09 and a 200-day simple moving average of $32.77. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.87 and a current ratio of 1.32.

Wall Street Analyst Weigh In

PPRUY has been the topic of a number of recent research reports. HSBC cut Kering from a “buy” rating to a “hold” rating in a report on Friday, October 24th. DZ Bank raised Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Sanford C. Bernstein downgraded Kering from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. Morgan Stanley reiterated an “overweight” rating on shares of Kering in a report on Friday, February 6th. Finally, Citigroup reissued a “neutral” rating on shares of Kering in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Kering Company Profile

Kering is a global luxury goods group headquartered in Paris that designs, produces and distributes high-end fashion, leather goods, jewelry and watches. The company owns and manages a portfolio of well-known maisons — including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and several specialist jewelry and watchmakers — and supports those brands with centralized services for sourcing, manufacturing oversight, distribution and retail operations.

Originally part of a broader retail conglomerate, the group repositioned itself over the past two decades as a focused luxury house and adopted the Kering name in the 2010s.