Publicis Groupe SA (OTCMKTS:PUBGY) Sees Significant Decrease in Short Interest

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 232,903 shares, a decrease of 84.1% from the January 29th total of 1,460,805 shares. Based on an average daily volume of 933,558 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 933,558 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on PUBGY. Citigroup upgraded shares of Publicis Groupe to a “strong-buy” rating in a research note on Monday, January 12th. Barclays cut Publicis Groupe from a “strong-buy” rating to a “hold” rating in a report 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 company. Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Publicis Groupe Trading Up 1.4%

OTCMKTS PUBGY traded up $0.29 on Wednesday, hitting $21.48. 134,966 shares of the stock were exchanged, compared to its average volume of 387,446. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.90 and a current ratio of 0.97. The business’s fifty day moving average is $24.48 and its 200 day moving average is $24.35. Publicis Groupe has a 52 week low of $20.71 and a 52 week high of $28.73.

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.