Free Trial

Kering (OTCMKTS:PPRUY) Shares Gap Up - Here's What Happened

Kering logo with Retail/Wholesale background

Kering SA (OTCMKTS:PPRUY - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $20.45, but opened at $21.30. Kering shares last traded at $21.08, with a volume of 13,750 shares.

Analyst Ratings Changes

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

Read Our Latest Report on Kering

Kering Price Performance

The company has a current ratio of 1.11, a quick ratio of 0.69 and a debt-to-equity ratio of 0.67. The firm's fifty day simple moving average is $20.12 and its 200-day simple moving average is $22.88.

Kering Increases Dividend

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

About Kering

(Get Free Report)

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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Kering Right Now?

Before you consider Kering, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kering wasn't on the list.

While Kering currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist
Trillions in Defense Spending—3 Disruptive Stocks Set to Double

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines