Kering (OTCMKTS:PPRUY) Hits New 1-Year Low at $24.88

Kering SA (OTCMKTS:PPRUY)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $24.88 and last traded at $25.43, with a volume of 1075106 shares. The stock had previously closed at $25.66.

Analysts Set New Price Targets

Several research firms recently issued reports on PPRUY. Barclays reissued an “underweight” rating on shares of Kering in a report on Monday. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Kering in a report on Monday. Finally, UBS Group lowered shares of Kering from a “buy” rating to a “neutral” rating in a report on Thursday, July 25th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Kering Stock Down 0.9 %

The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63. The business’s fifty day simple moving average is $30.36 and its 200-day simple moving average is $35.32.

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.