Pernod Ricard (OTCMKTS:PDRDF) Trading Up 2% – What’s Next?

Shares of Pernod Ricard SA (OTCMKTS:PDRDF) were up 2% on Friday . The stock traded as high as C$88.18 and last traded at C$88.18. Approximately 1,035 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 1,865 shares. The stock had previously closed at C$86.42.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley cut Pernod Ricard from an “overweight” rating to an “underweight” rating in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Pernod Ricard Stock Up 2.0%

The stock’s 50 day simple moving average is C$97.54 and its 200 day simple moving average is C$103.62.

About Pernod Ricard

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P.