Publicis Groupe (OTCMKTS:PUBGY) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Publicis Groupe S.A. (OTCMKTS:PUBGY)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $26.55 and traded as low as $26.19. Publicis Groupe shares last traded at $26.27, with a volume of 54,868 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on PUBGY shares. Citigroup upgraded Publicis Groupe to a “hold” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. upgraded shares of Publicis Groupe from a “neutral” rating to an “overweight” rating in a report on Wednesday, December 11th.

Publicis Groupe Price Performance

The business’s 50-day moving average is $26.55 and its two-hundred day moving average is $26.66. The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.17.

About Publicis Groupe

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.