Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Update

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 468,645 shares, a growth of 1,391.1% from the April 15th total of 31,429 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 271,159 shares, the days-to-cover ratio is presently 1.7 days.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on PUBGY. Citigroup upgraded Publicis Groupe to a “strong-buy” rating in a research note on Monday, January 12th. Barclays cut 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Publicis Groupe Stock Performance

Shares of PUBGY traded down $1.48 during midday trading on Monday, hitting $22.48. The company had a trading volume of 597,463 shares, compared to its average volume of 269,874. The company’s 50-day simple moving average is $21.94 and its 200-day simple moving average is $23.70. 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 has a 1 year low of $19.72 and a 1 year high of $28.73.

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.