Kering (OTCMKTS:PPRUY) Sets New 1-Year Low - Time to Sell?

Kering SA (OTCMKTS:PPRUY - Get Free Report) shares reached 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 trading hands. The stock had previously closed at $21.93.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Kepler Capital Markets raised shares of Kering from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. downgraded Kering from a "neutral" rating to an "underweight" rating in a research report on Monday, December 2nd. Three 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. According to MarketBeat.com, the stock presently has an average rating of "Hold".

Kering Price Performance

The stock's fifty day moving average is $26.13 and its 200-day moving average is $25.21. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70.

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.