Kering (OTCMKTS:PPRUY) Sets New 1-Year Low – Here’s Why

Kering SA (OTCMKTS:PPRUY)’s share price reached a new 52-week low on Monday . The stock traded as low as $20.52 and last traded at $20.73, with a volume of 461571 shares. The stock had previously closed at $21.46.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of Kering from a “neutral” rating to an “underweight” rating in a research note on Monday, December 2nd. Kepler Capital Markets upgraded Kering from a “hold” rating to a “strong-buy” rating in a research note 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Kering Stock Performance

The company’s 50 day moving average is $26.13 and its 200 day moving average is $25.21. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.38 and a quick ratio of 0.87.

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.