Publicis Groupe (OTCMKTS:PUBGY) Sets New 52-Week Low – Here’s What Happened

Publicis Groupe S.A. (OTCMKTS:PUBGY) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $23.32 and last traded at $23.56, with a volume of 125416 shares changing hands. The stock had previously closed at $24.31.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PUBGY. JPMorgan Chase & Co. upgraded Publicis Groupe from a “neutral” rating to an “overweight” rating in a report on Wednesday, December 11th. The Goldman Sachs Group raised shares of Publicis Groupe to a “strong-buy” rating in a research report on Tuesday, March 25th.

Publicis Groupe Price Performance

The company’s 50 day moving average is $25.97 and its two-hundred day moving average is $26.55. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.89 and a quick ratio of 0.87.

About Publicis Groupe

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.