Kering SA (OTCMKTS:PPRUY) Short Interest Update

Kering SA (OTCMKTS:PPRUY - Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 60,300 shares, a drop of 59.9% from the September 30th total of 150,300 shares. Based on an average daily volume of 1,387,400 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on PPRUY shares. The Goldman Sachs Group downgraded Kering from a "neutral" rating to a "sell" rating in a report on Tuesday, October 1st. UBS Group cut shares of Kering from a "buy" rating to a "neutral" rating in a report on Thursday, July 25th. Citigroup cut shares of Kering from a "buy" rating to a "neutral" rating in a report on Monday, October 21st. Barclays reiterated an "underweight" rating on shares of Kering in a research note on Monday, September 9th. Finally, Royal Bank of Canada restated a "sector perform" rating on shares of Kering in a research note on Monday, September 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold".

Kering Stock Performance

Shares of PPRUY traded down $0.14 on Friday, reaching $25.22. The company's stock had a trading volume of 317,198 shares, compared to its average volume of 314,896. Kering has a 12-month low of $23.90 and a 12-month high of $47.41. The stock's 50 day simple moving average is $26.62 and its two-hundred day simple moving average is $31.59.

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.

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