Publicis Groupe (OTCMKTS:PUBGY) Shares Gap Down - Time to Sell?

Key Points

• Publicis Groupe's stock price gapped down from $22.44 to $21.63 prior to trading, indicating a potential cause for concern among investors as it last traded at $21.64.
• The company recently increased its dividend to $0.8222 with a yield of 302.0%, significantly up from the previous dividend of $0.06.
• Publicis Groupe operates in marketing and digital services, providing a wide range of solutions including brand strategy, online advertising, and e-commerce services across various regions.

Publicis Groupe SA (OTCMKTS:PUBGY - )'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $22.44, but opened at $21.63. Publicis Groupe shares last traded at $21.64, with a volume of 7,700 shares.

Publicis Groupe Trading Down 2.5%

The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17. The company's fifty day simple moving average is $25.81 and its 200-day simple moving average is $25.65.

Publicis Groupe Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 1st. Investors of record on Tuesday, July 1st were paid a $0.8222 dividend. This represents a yield of 302.0%. This is a positive change from Publicis Groupe's previous dividend of $0.06. The ex-dividend date of this dividend 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.

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