Kering (OTCMKTS:PPRUY) Sets New 12-Month Low – Time to Sell?

Shares of Kering SA (OTCMKTS:PPRUY) reached a new 52-week low during mid-day trading on Tuesday . The company 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.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PPRUY shares. JPMorgan Chase & Co. lowered Kering from a “neutral” rating to an “underweight” rating in a research report on Monday, December 2nd. Kepler Capital Markets raised shares of Kering from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Kering Stock Up 1.2 %

The business’s 50-day moving average is $26.25 and its two-hundred day moving average is $25.26. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.87 and a current ratio of 1.38.

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.