Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Down 38.8% in May

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,054,943 shares, a drop of 38.8% from the May 14th total of 1,722,453 shares. Based on an average daily volume of 410,533 shares, the short-interest ratio is presently 2.6 days. Currently, 0.1% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

PUBGY has been the subject of several recent analyst reports. Berenberg Bank upgraded Publicis Groupe to a “strong-buy” rating in a research note on Tuesday, June 9th. The Goldman Sachs Group upgraded Publicis Groupe to a “strong-buy” rating in a report on Wednesday, June 3rd. Four 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, the stock currently has an average rating of “Strong Buy”.

Publicis Groupe Trading Up 1.8%

Shares of PUBGY stock traded up $0.46 on Tuesday, reaching $26.49. The stock had a trading volume of 15,177 shares, compared to its average volume of 298,120. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97. Publicis Groupe has a 1 year low of $19.72 and a 1 year high of $27.98. The company has a 50 day simple moving average of $23.65 and a 200 day simple moving average of $23.65.

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.