Pernod Ricard (OTCMKTS:PRNDY) Shares Gap Up – Time to Buy?

Pernod Ricard SA (OTCMKTS:PRNDY) gapped up before the market opened on Tuesday. The stock had previously closed at $13.93, but opened at $14.46. Pernod Ricard shares last traded at $14.40, with a volume of 35,723 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Pernod Ricard from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

Pernod Ricard Price Performance

The company has a debt-to-equity ratio of 0.73, a current ratio of 2.47 and a quick ratio of 0.78. The business has a fifty day simple moving average of $14.51 and a 200 day simple moving average of $14.74.

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.