Kering SA (OTCMKTS:PPRUY) Short Interest Down 61.6% in March

Kering SA (OTCMKTS:PPRUY) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 22,900 shares, a drop of 61.6% from the March 15th total of 59,700 shares. Based on an average trading volume of 1,373,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Kering Price Performance

PPRUY opened at $18.40 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.38 and a quick ratio of 0.87. Kering has a 52-week low of $17.02 and a 52-week high of $37.82. The business’s fifty day moving average is $24.27 and its 200-day moving average is $24.57.

Wall Street Analysts Forecast Growth

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

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.