Publicis Groupe (OTCMKTS:PUBGY) Stock Price Down 5.7% – Here’s What Happened
by Michael Walen · The Markets DailyPublicis Groupe SA (OTCMKTS:PUBGY – Get Free Report)’s share price was down 5.7% on Friday . The company traded as low as $21.46 and last traded at $21.60. Approximately 229,945 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 325,204 shares. The stock had previously closed at $22.90.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on PUBGY shares. Barclays downgraded shares of Publicis Groupe from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 4th. Citigroup raised Publicis Groupe to a “strong-buy” rating in a research report on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Publicis Groupe presently has an average rating of “Strong Buy”.
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Publicis Groupe Stock Performance
The business’s 50-day moving average price is $25.24 and its 200 day moving average price is $24.44. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.90 and a current ratio of 0.93.
Publicis Groupe Company Profile
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.