Publicis Groupe (OTCMKTS:PUBGY) Shares Gap Down – Time to Sell?

Publicis Groupe SA (OTCMKTS:PUBGY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $23.89, but opened at $22.36. Publicis Groupe shares last traded at $22.32, with a volume of 22,334 shares.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PUBGY. Citigroup raised Publicis Groupe to a “strong-buy” rating in a research note on Monday, January 12th. Barclays downgraded Publicis Groupe from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Three equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Strong Buy”.

Publicis Groupe Trading Down 5.8%

The company has a 50-day moving average of $25.17 and a two-hundred day moving average of $24.42. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.90 and a current ratio of 0.93.

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.