Kering SA (OTCMKTS:PPRUY) Stock Short Interest Report for October

Kering SA (OTCMKTS:PPRUY) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 65,858 shares, a drop of 66.7% from the September 30th total of 197,587 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 806,100 shares, the days-to-cover ratio is currently 0.1 days.

Kering Trading Up 0.1%

OTCMKTS:PPRUY opened at $19.75 on Friday. Kering has a fifty-two week low of $19.53 and a fifty-two week high of $37.68. The company has a quick ratio of 1.57, a current ratio of 2.05 and a debt-to-equity ratio of 0.65. The firm’s 50 day moving average is $25.60 and its two-hundred day moving average is $29.10.

Analyst Upgrades and Downgrades

Several analysts recently commented on PPRUY shares. Zacks Research upgraded Kering from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kering in a research note on Wednesday, August 12th. HSBC upgraded shares of Kering from a “hold” rating to a “buy” rating in a report on Wednesday, July 29th. Citigroup reissued a “neutral” rating on shares of Kering in a report on Monday, August 17th. Finally, The Goldman Sachs Group began coverage on shares of Kering in a research report on Sunday, October 4th. They issued a “neutral” rating on the stock. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Kering Company Profile

Kering is a France-based global luxury goods group that develops, manages and distributes fashion, leather goods, jewelry, watches, eyewear and beauty products through a portfolio of luxury houses. Its brands serve customers through directly operated stores, e-commerce platforms, wholesale partners and other distribution channels across major markets worldwide, including Europe, North America and Asia-Pacific.

The group’s principal houses include Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735.