Pernod Ricard (OTC:PRNDY) Reaches New 52-Week Low – Here’s Why

Pernod Ricard SA (OTC:PRNDY)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $17.76 and last traded at $17.82, with a volume of 60137 shares traded. The stock had previously closed at $18.28.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Pernod Ricard has a consensus rating of “Moderate Buy”.

Pernod Ricard Price Performance

The company has a fifty day simple moving average of $19.64 and a two-hundred day simple moving average of $20.96. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.68.

Pernod Ricard Company Profile

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.