Kering SA (OTCMKTS:PPRUY) Short Interest Update

Kering SA (OTCMKTS:PPRUY) saw a large increase in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 475,600 shares, the days-to-cover ratio is presently 0.1 days.

Kering Stock Performance

Kering stock opened at $21.46 on Friday. The company has a fifty day simple moving average of $26.13 and a 200-day simple moving average of $25.21. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70. Kering has a 52-week low of $21.42 and a 52-week high of $40.19.

Analysts Set New Price Targets

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

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.