Pernod Ricard (OTCMKTS:PRNDY) Reaches New 12-Month Low – Here’s Why

Pernod Ricard SA (OTCMKTS:PRNDY)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $15.46 and last traded at $15.51, with a volume of 34027 shares traded. The stock had previously closed at $15.61.

Analyst Ratings Changes

A number of analysts have weighed in on PRNDY shares. Zacks Research upgraded shares of Pernod Ricard from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 24th. BNP Paribas Exane downgraded shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Finally, Barclays upgraded shares of Pernod Ricard from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 11th. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Pernod Ricard Stock Performance

The company has a debt-to-equity ratio of 0.66, a current ratio of 1.91 and a quick ratio of 0.60. The company’s fifty day moving average is $18.11 and its 200-day moving average is $18.88.

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. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No.