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Publicis Groupe (OTCMKTS:PUBGY) Shares Gap Down - What's Next?

Publicis Groupe logo with Business Services background

Shares of Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $26.39, but opened at $24.56. Publicis Groupe shares last traded at $24.14, with a volume of 21,259 shares trading hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Publicis Groupe to a "strong-buy" rating in a research note on Tuesday, March 25th.

Read Our Latest Report on PUBGY

Publicis Groupe Stock Performance

The company's 50-day moving average price is $27.01 and its two-hundred day moving average price is $25.94. 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 business also recently disclosed a dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 1st will be given a dividend of $0.8222 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a dividend yield of 3.02%. This is a boost from Publicis Groupe's previous dividend of $0.06.

Publicis Groupe Company Profile

(Get Free Report)

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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