Pernod Ricard (OTCMKTS:PRNDY) Hits New 12-Month Low – What’s Next?

Pernod Ricard SA (OTCMKTS:PRNDY) shares hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $13.2580 and last traded at $13.2580, with a volume of 93736 shares traded. The stock had previously closed at $13.60.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Pernod Ricard Stock Down 2.9%

The company has a current ratio of 2.47, a quick ratio of 0.78 and a debt-to-equity ratio of 0.73. The firm’s fifty day moving average is $14.82 and its 200-day moving average is $14.83.

Pernod Ricard Company Profile

Pernod Ricard is a France-based beverage company that produces, distributes and markets wines and spirits. Its portfolio spans whisky, vodka, gin, rum, cognac, champagne, sparkling wine, liqueurs and anise-flavored spirits, serving consumers through a global network of subsidiaries, distributors and commercial partners.

The company’s brand portfolio includes Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s, Royal Salute and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Malibu, Beefeater gin, Kahlúa, Mumm and Perrier-Jouët champagnes, and Ricard pastis.