Kering (OTCMKTS:PPRUY) Trading Down 2.1% - Should You Sell?

Kering SA (OTCMKTS:PPRUY - Get Free Report) was down 2.1% during mid-day trading on Monday . The stock traded as low as $22.64 and last traded at $22.81. Approximately 265,767 shares traded hands during trading, a decline of 3% from the average daily volume of 273,616 shares. The stock had previously closed at $23.30.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Kering in a research note on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold".

Kering Stock Up 1.1%

The company has a quick ratio of 0.69, a current ratio of 1.11 and a debt-to-equity ratio of 0.67. The firm has a fifty day moving average of $20.66 and a two-hundred day moving average of $22.75.

Kering Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 22nd. Investors of record on Monday, May 5th were paid a dividend of $0.3048 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a yield of 2.11%. This is a boost from Kering's previous dividend of $0.21.

About Kering

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.