Kering (OTCMKTS:PPRUY) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Kering SA (OTCMKTS:PPRUY)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $26.36 and traded as low as $23.17. Kering shares last traded at $23.37, with a volume of 1,509,645 shares changing hands.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Kepler Capital Markets upgraded shares of Kering from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. lowered Kering from a “neutral” rating to an “underweight” rating in a research note on Monday, December 2nd. 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 stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Kering Stock Down 1.6 %

The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.87 and a current ratio of 1.38. The company’s 50 day moving average is $26.36 and its 200 day moving average is $25.45.

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.