Kering (OTCMKTS:PPRUY) Reaches New 12-Month Low – Here’s Why

Kering SA (OTCMKTS:PPRUY) hit a new 52-week low on Monday . The stock traded as low as $20.52 and last traded at $20.73, with a volume of 461571 shares changing hands. The stock had previously closed at $21.46.

Analyst Upgrades and Downgrades

PPRUY has been the topic of several analyst reports. JPMorgan Chase & Co. lowered Kering from a “neutral” rating to an “underweight” rating in a report on Monday, December 2nd. Kepler Capital Markets upgraded shares of Kering from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Kering Stock Performance

The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70. The stock has a fifty day simple moving average of $26.13 and a two-hundred day simple moving average of $25.21.

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.