Short Interest in Kering SA (OTCMKTS:PPRUY) Drops By 61.6%

Kering SA (OTCMKTS:PPRUY - Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 22,900 shares, a decrease of 61.6% from the March 15th total of 59,700 shares. Based on an average trading volume of 1,373,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets upgraded shares of Kering from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 26th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold".

Kering Price Performance

Shares of OTCMKTS:PPRUY traded up $0.48 during mid-day trading on Friday, reaching $18.81. 192,467 shares of the company's stock were exchanged, compared to its average volume of 395,416. Kering has a twelve month low of $17.02 and a twelve month high of $37.74. The business's fifty day moving average price is $23.72 and its 200-day moving average price is $24.32. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.38 and a quick ratio of 0.87.

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.