Publicis Groupe (OTCMKTS:PUBGY) Sets New 12-Month Low – Here’s What Happened

Publicis Groupe SA (OTCMKTS:PUBGY) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $20.68 and last traded at $20.73, with a volume of 26201 shares traded. The stock had previously closed at $21.50.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Barclays cut Publicis Groupe from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Citigroup raised shares of Publicis Groupe to a “strong-buy” rating in a report on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Publicis Groupe presently has an average rating of “Strong Buy”.

Publicis Groupe Stock Up 1.7%

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97. The stock has a 50-day simple moving average of $23.14 and a 200-day simple moving average of $24.21.

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.