Kering SA (OTCMKTS:PPRUY) Short Interest Update

Kering SA (OTCMKTS:PPRUY) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 59,700 shares, an increase of 217.6% from the February 28th total of 18,800 shares. Based on an average daily trading volume, of 475,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PPRUY. JPMorgan Chase & Co. lowered Kering from a “neutral” rating to an “underweight” rating in a research note on Monday, December 2nd. Kepler Capital Markets upgraded shares of Kering from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, Kering presently has a consensus rating of “Hold”.

Kering Price Performance

Shares of Kering stock opened at $21.46 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.87 and a current ratio of 1.38. The business has a 50-day moving average of $26.13 and a 200 day moving average of $25.21. Kering has a 12 month low of $21.42 and a 12 month high of $40.19.

Kering Company Profile

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.