Kering (OTCMKTS:PPRUY) Hits New 12-Month Low – Should You Sell?

Shares of Kering SA (OTCMKTS:PPRUY) hit a new 52-week low during trading on Monday . The company traded as low as $17.50 and last traded at $18.08, with a volume of 616131 shares trading hands. The stock had previously closed at $18.46.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded shares of Kering from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Kering Price 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 firm has a 50 day moving average price of $25.36 and a 200 day moving average price of $24.96.

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.