Kering (OTCMKTS:PPRUY) Shares Pass Below Fifty Day Moving Average of $33.05

Kering SA (OTCMKTS:PPRUY - Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $33.05 and traded as low as $27.56. Kering shares last traded at $27.65, with a volume of 142,289 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded shares of Kering from a "buy" rating to a "neutral" rating in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Kering presently has an average rating of "Hold".

Kering Stock Performance

The company has a 50-day simple moving average of $33.05 and a 200 day simple moving average of $37.56. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.38 and a quick ratio of 0.86.

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.