Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Up 47.4% in March

Publicis Groupe SA (OTCMKTS:PUBGY) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 972,489 shares, a growth of 47.4% from the February 26th total of 659,957 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 629,274 shares, the days-to-cover ratio is currently 1.5 days.

Publicis Groupe Price Performance

Shares of PUBGY opened at $19.82 on Friday. The business’s 50 day moving average is $22.52 and its two-hundred day moving average is $24.07. Publicis Groupe has a 52-week low of $19.72 and a 52-week high of $28.73. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.30.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PUBGY. Barclays lowered shares of Publicis Groupe from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Citigroup upgraded Publicis Groupe to a “strong-buy” rating in a research note on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Publicis Groupe currently has a consensus rating of “Buy”.

About Publicis Groupe

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.