Publicis Groupe (OTCMKTS:PUBGY) Sees Strong Trading Volume - What's Next?

Key Points

• Publicis Groupe shares experienced a significant increase in trading volume, with 274,394 shares traded, marking a 50% rise compared to the previous session.
• The company announced a dividend increase, raising it from $0.06 to $0.8222 per share, resulting in a yield of 3.02% for shareholders.
• Publicis has a solid financial position, boasting a debt-to-equity ratio of 0.17 and current ratios showing healthy liquidity levels.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) shares saw an uptick in trading volume on Wednesday . 274,394 shares were traded during trading, an increase of 50% from the previous session's volume of 182,823 shares.The stock last traded at $23.15 and had previously closed at $23.63.

Publicis Groupe Trading Up 1.2%

The company's fifty day moving average price is $26.34 and its 200 day moving average price is $25.78. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17.

Publicis Groupe Increases Dividend

The company also recently declared a dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 1st were issued a dividend of $0.8222 per share. This represents a yield of 302.0%. The ex-dividend date was Monday, June 30th. This is a positive change from Publicis Groupe's previous dividend of $0.06.

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.