Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Rises By 183.4%

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 659,957 shares, a growth of 183.4% from the February 12th total of 232,903 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 636,294 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 636,294 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company’s stock are short sold.

Publicis Groupe Stock Up 1.1%

PUBGY stock traded up $0.24 during midday trading on Friday, hitting $21.85. The company’s stock had a trading volume of 35,248 shares, compared to its average volume of 328,118. The firm’s 50-day moving average is $23.59 and its 200-day moving average is $24.27. 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 12 month low of $20.71 and a 12 month high of $28.73.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PUBGY. 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 research report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Strong 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.