Publicis Groupe S.A. (OTCMKTS:PUBGY) Sees Significant Growth in Short Interest

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 29,700 shares, an increase of 47.0% from the February 13th total of 20,200 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 98,000 shares, the days-to-cover ratio is presently 0.3 days.

Publicis Groupe Price Performance

Shares of PUBGY stock traded up $0.58 during trading hours on Friday, hitting $25.05. 81,898 shares of the company were exchanged, compared to its average volume of 77,428. The firm has a fifty day simple moving average of $26.20 and a 200 day simple moving average of $26.73. The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.17. Publicis Groupe has a 52-week low of $23.83 and a 52-week high of $29.25.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. raised shares of Publicis Groupe from a “neutral” rating to an “overweight” rating in a research report on Wednesday, December 11th.

Publicis Groupe Company Profile

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.