Kering (OTCMKTS:PPRUY) Sets New 52-Week High - Should You Buy?

Key Points

• Kering SA shares reached a new 52-week high at $32.27, reflecting significant trading activity with 1,430 shares exchanged.
• Recent analyst reports show a consensus rating of "Hold," with two analysts rating Kering as a Strong Buy and two issuing Sell ratings.
• The company specializes in luxury items, managing various renowned brands in fashion, leather goods, and jewelry across multiple regions globally.

Kering SA (OTCMKTS:PPRUY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $32.27 and last traded at $32.27, with a volume of 1430 shares changing hands. The stock had previously closed at $31.32.

Wall Street Analyst Weigh In

PPRUY has been the topic of a number of recent analyst reports. Hsbc Global Res raised shares of Kering to a "strong-buy" rating in a research report on Tuesday, September 2nd. HSBC raised shares of Kering to a "buy" rating in a research report on Tuesday, September 2nd. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Kering has a consensus rating of "Hold".

Kering Price Performance

The stock has a fifty day moving average of $26.21 and a 200 day moving average of $22.73. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.69.

Kering Company Profile

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.

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