Publicis Groupe (OTCMKTS:PUBGY) Hits New 1-Year High – Here’s What Happened

Publicis Groupe SA (OTCMKTS:PUBGY)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $29.01 and last traded at $28.77, with a volume of 7410 shares changing hands. The stock had previously closed at $28.48.

Analyst Ratings Changes

A number of analysts have recently issued reports on PUBGY shares. Berenberg Bank raised Publicis Groupe to a “strong-buy” rating in a research note on Tuesday, June 9th. The Goldman Sachs Group upgraded Publicis Groupe to a “strong-buy” rating in a report on Wednesday, June 3rd. Four research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Publicis Groupe Price Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97. The firm’s 50 day moving average is $25.83 and its 200-day moving average is $23.77.

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.