Kering (OTCMKTS:PPRUY) Reaches New 12-Month Low – Should You Sell?

Kering SA (OTCMKTS:PPRUY)’s stock price reached a new 52-week low 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.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on PPRUY shares. JPMorgan Chase & Co. cut shares of Kering from a “neutral” rating to an “underweight” rating in a report on Monday, December 2nd. Kepler Capital Markets upgraded shares of Kering from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Kering presently has a consensus rating of “Hold”.

Kering Stock Down 1.1 %

The business has a 50 day moving average of $26.29 and a 200 day moving average of $25.32. 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.