Publicis Groupe S.A. (OTCMKTS:PUBGY) Short Interest Update

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 48,000 shares, a decline of 25.2% from the December 15th total of 64,200 shares. Based on an average daily trading volume, of 119,200 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

A number of research firms have recently weighed in on PUBGY. Citigroup raised Publicis Groupe to a “hold” rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. raised Publicis Groupe from a “neutral” rating to an “overweight” rating in a research note on Wednesday, December 11th.

Publicis Groupe Stock Down 0.2 %

Publicis Groupe stock traded down $0.04 during midday trading on Wednesday, hitting $25.23. 89,498 shares of the stock were exchanged, compared to its average volume of 98,631. Publicis Groupe has a 52 week low of $23.32 and a 52 week high of $29.25. The company has a fifty day simple moving average of $26.80 and a two-hundred day simple moving average of $26.73.

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.