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Publicis Groupe (OTCMKTS:PUBGY) Sees Strong Trading Volume - Here's Why

Publicis Groupe logo with Business Services background

Key Points

  • Publicis Groupe shares experienced a significant trading volume increase of 168%, with approximately 498,759 shares traded on Monday, compared to the previous session.
  • The company has recently increased its dividend to $0.8222, marking a substantial rise from the prior dividend of $0.06, providing a yield of 302.0%.
  • Publicis Groupe has a solid financial foundation, indicated by a debt-to-equity ratio of 0.17 and a 50-day moving average stock price of $25.45.
  • MarketBeat previews top five stocks to own in October.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 498,759 shares changed hands during mid-day trading, an increase of 168% from the previous session's volume of 186,015 shares.The stock last traded at $22.44 and had previously closed at $22.49.

Publicis Groupe Stock Up 3.1%

The firm has a 50 day moving average price of $24.97 and a two-hundred day moving average price of $25.41. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.91 and a quick ratio of 0.90.

Publicis Groupe Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 1st were paid a dividend of $0.8222 per share. This is an increase from Publicis Groupe's previous dividend of $0.06. This represents a yield of 302.0%. The ex-dividend date of this dividend was Monday, June 30th.

About Publicis Groupe

(Get Free Report)

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.

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