Kering (OTCMKTS:PPRUY) Hits New 12-Month Low at $30.85

Kering SA (OTCMKTS:PPRUY) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $30.85 and last traded at $31.08, with a volume of 364147 shares trading hands. The stock had previously closed at $33.92.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded shares of Kering from a “buy” rating to a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Kering Stock Performance

The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 1.38. The stock’s 50-day moving average is $34.77 and its 200-day moving average is $38.56.

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.