Kering (OTCMKTS:PPRUY) Trading 0.4% Higher - Here's What Happened

Key Points

• Kering's stock price increased by 0.4% to $24.69 with a trading volume of 178,229 shares, slightly below its average session volume.
• Deutsche Bank maintains a "hold" rating on Kering, with analysts providing a mixed outlook that includes three sell ratings, four hold ratings, and one strong buy.
• The company's average stock ratings suggest a cautious market view, as prevalent indicators like its debt-to-equity ratio stand at 0.67.

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) shot up 0.4% during trading on Thursday . The company traded as high as $25.05 and last traded at $24.69. 178,229 shares changed hands during trading, a decline of 2% from the average session volume of 181,414 shares. The stock had previously closed at $24.60.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Kering in a research report on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold".

Kering Trading Up 1.2%

The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.69 and a current ratio of 1.11. The company has a fifty day moving average price of $22.04 and a two-hundred day moving average price of $22.76.

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.