Publicis Groupe SA (OTCMKTS:PUBGY) Sees Large Decline in Short Interest

Publicis Groupe SA (OTCMKTS:PUBGY) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 232,903 shares, a drop 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 shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 933,558 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Several brokerages have weighed in on PUBGY. Barclays cut Publicis Groupe from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Citigroup raised Publicis Groupe to a “strong-buy” rating in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Publicis Groupe Stock Up 0.1%

OTCMKTS:PUBGY traded up $0.02 on Friday, hitting $22.32. The company had a trading volume of 456,735 shares, compared to its average volume of 339,296. Publicis Groupe has a 52 week low of $20.71 and a 52 week high of $28.73. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.97 and a quick ratio of 0.90. The firm has a 50 day moving average of $24.34 and a two-hundred day moving average of $24.33.

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.