() experienced a significant drop in short interest throughout the month of may. On May 31st there were 24,200 short shares. This is a decrease of 26,0% from May 15th's total of 32 700 shares. The short-interest rate is currently 0.2 days based on an average daily share volume of 102100 shares.
Wall Street analysts weigh in
Credit Suisse Group also upgraded Publicis Groupe's rating from 'neutral to 'outperform.' This was done in a separate research note published on Wednesday, 22nd February. Six analysts have given the stock a buy recommendation, while one analyst gave it a sell. The price of the stock fell $0.08 to $20.19 on Friday. The company exchanged 20,895 shares, as opposed to the average of 113 271. Publicis Groupe's 1-year low is $10.47, and its 1-year high is $21.18. The 50-day moving average is $19.67, and the 200-day moving average is $18.66. The company's current ratio is 0.94, its quick ratio is 0.92, and it has a debt to equity ratio of 0.31.
Publicis Groupe Company profile
Publicis Groupe SA is a company in the advertising business. Publicis Groupe SA offers services in customer relationship management (CRM), direct marketing (sales promotion), events management (Event Management), public relations and corporate, multi-cultural and financial communications. Marcel Bleustein Blanchet founded the company in Paris in 1926.
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