Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Increases By 138.5%

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a large increase in short interest in 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. Based on an average daily trading volume, of 384,019 shares, the short-interest ratio is currently 4.2 days. Approximately 0.2% of the company’s shares are sold short.

Publicis Groupe Trading Down 1.3%

Shares of PUBGY stock opened at $29.44 on Friday. Publicis Groupe has a 12-month low of $19.72 and a 12-month high of $30.57. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.97 and a quick ratio of 0.94. The firm has a fifty day moving average of $26.66 and a 200-day moving average of $24.14.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Berenberg Bank upgraded Publicis Groupe to a “strong-buy” rating in a report 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 assigned a Hold rating to the stock. According to MarketBeat.com, the stock 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.