Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Update

Publicis Groupe SA (OTCMKTS:PUBGY) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 1,722,453 shares, an increase of 267.5% from the April 30th total of 468,645 shares. Based on an average daily volume of 607,131 shares, the short-interest ratio is presently 2.8 days. Currently, 0.2% of the shares of the stock are short sold.

Publicis Groupe Stock Up 1.6%

OTCMKTS:PUBGY opened at $24.55 on Friday. The firm’s 50 day simple moving average is $22.53 and its 200 day simple moving average is $23.58. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.30. Publicis Groupe has a one year low of $19.72 and a one year high of $28.73.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded shares of Publicis Groupe from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

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.