Publicis Groupe (OTCMKTS:PUBGY) Sets New 1-Year Low - Here's Why

Key Points

• 52-week low: Publicis shares hit a new 52-week low of $20.12 (last at $20.13) on Wednesday, down about 1.1% with roughly 20,732 shares traded.
• Analyst shifts: Barclays downgraded the stock from "strong-buy" to "hold" while Citigroup upgraded to "strong-buy", leaving an average MarketBeat rating of "Buy" (two Strong Buy, one Hold).
• Technical and liquidity signals: The stock trades below its 50-day ($22.83) and 200-day ($24.15) moving averages and shows a quick ratio of 0.94, current ratio of 0.97 and debt/equity of 0.30.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report)'s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $20.12 and last traded at $20.13, with a volume of 20732 shares changing hands. The stock had previously closed at $20.50.

Analyst Ratings Changes

PUBGY has been the subject of a number of recent research reports. Barclays downgraded Publicis Groupe from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 4th. Citigroup upgraded shares of Publicis Groupe to a "strong-buy" rating in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Buy".

Publicis Groupe Stock Down 1.1%

The firm has a 50 day moving average price of $22.83 and a 200 day moving average price of $24.15. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.30.

Publicis Groupe Company Profile

Publicis Groupe OTCMKTS: PUBGY is a global advertising and communications holding company headquartered in Paris, France. Founded in 1926 by Marcel Bleustein-Blanchet, the company has grown into one of the world's largest marketing, communication and digital transformation groups. Publicis provides a wide range of marketing services including creative advertising, media planning and buying, public relations, brand strategy, healthcare communications and experiential marketing.

In recent decades Publicis has expanded its capabilities into digital, data and technology-driven services through its network brands and acquisitions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.