Kering (OTCMKTS:PPRUY) Reaches New 52-Week Low – Time to Sell?

Kering SA (OTCMKTS:PPRUY)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $21.56 and last traded at $21.69, with a volume of 726588 shares traded. The stock had previously closed at $21.93.

Analysts Set New Price Targets

A number of research firms have recently commented on PPRUY. Kepler Capital Markets upgraded Kering from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. downgraded Kering from a “neutral” rating to an “underweight” rating in a research note on Monday, December 2nd. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Kering Stock Down 1.1 %

The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70. The company’s 50-day moving average is $26.29 and its two-hundred day moving average is $25.32.

About Kering

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.