Publicis Groupe (OTCMKTS:PUBGY) Sees Unusually-High Trading Volume - Should You Buy?

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) saw unusually-strong trading volume on Wednesday . Approximately 274,394 shares traded hands during mid-day 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 Stock Up 0.6%

The business has a 50-day moving average of $26.43 and a 200 day moving average of $25.80. 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 disclosed a dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 1st will be paid a $0.8222 dividend. This is a boost from Publicis Groupe's previous dividend of $0.06. The ex-dividend date is Monday, June 30th. This represents a yield of 302.0%.

About Publicis Groupe

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.