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

Key Points

• Publicis Groupe experienced a significant 418% increase in trading volume, with approximately 913,251 shares changing hands during mid-day trading.
• The company announced a substantial dividend increase, with a new dividend of $0.8222, resulting in a 302.0% yield, compared to the previous dividend of $0.06.
• The stock is currently trading at $24.34, and its fifty-day and 200-day moving averages are $23.91 and $25.05, respectively.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) saw strong trading volume on Friday . 913,251 shares traded hands during mid-day trading, an increase of 418% from the previous session's volume of 176,144 shares.The stock last traded at $24.34 and had previously closed at $24.18.

Publicis Groupe Stock Up 0.1%

The firm's fifty day moving average price is $23.78 and its two-hundred day moving average price is $25.02. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.90 and a current ratio of 0.91.

Publicis Groupe Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 1st were given a $0.8222 dividend. This represents a dividend yield of 302.0%. This is a boost from Publicis Groupe's previous dividend of $0.06. The ex-dividend date was Monday, June 30th.

Publicis Groupe Company Profile

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.