Kering (OTCMKTS:PPRUY) Shares Cross Below 50-Day Moving Average of $28.91

Kering SA (OTCMKTS:PPRUY)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $28.91 and traded as low as $25.05. Kering shares last traded at $25.16, with a volume of 273,251 shares trading hands.

Wall Street Analyst Weigh In

PPRUY has been the subject of a number of research analyst reports. Royal Bank of Canada reiterated a “sector perform” rating on shares of Kering in a report on Monday, September 9th. Barclays reiterated an “underweight” rating on shares of Kering in a research note on Monday, September 9th. Finally, UBS Group lowered shares of Kering from a “buy” rating to a “neutral” rating in a research note on Thursday, July 25th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Kering has an average rating of “Hold”.

Kering Trading Down 3.2 %

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 firm has a 50 day simple moving average of $28.91 and a two-hundred day simple moving average of $34.38.

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.