Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Update

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,594,914 shares, an increase of 138.5% from the July 30th total of 668,615 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 384,019 shares, the short-interest ratio is currently 4.2 days.

Publicis Groupe Trading Down 0.5%

Publicis Groupe stock opened at $29.30 on Friday. The business has a 50 day moving average price of $26.73 and a two-hundred day moving average price of $24.18. The company has a quick ratio of 0.94, a current ratio of 0.97 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 $30.57.

Wall Street Analysts Forecast Growth

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