Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Grows By 47.4%

Publicis Groupe SA (OTCMKTS:PUBGY) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 972,489 shares, an increase of 47.4% from the February 26th total of 659,957 shares. Based on an average trading volume of 629,274 shares, the short-interest ratio is presently 1.5 days. Approximately 0.1% of the company’s shares are short sold.

Publicis Groupe Price Performance

Shares of OTCMKTS PUBGY opened at $19.82 on Friday. The stock has a fifty day moving average price of $22.52 and a 200 day moving average price of $24.07. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.30. Publicis Groupe has a 12-month low of $19.72 and a 12-month high of $28.73.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PUBGY. Citigroup upgraded Publicis Groupe to a “strong-buy” rating in a report on Monday, January 12th. Barclays cut Publicis Groupe from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

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.