Danone (OTCMKTS:DANOY) Sets New 52-Week High – What’s Next?

Danone S.A. (OTCMKTS:DANOY)’s stock price hit a new 52-week high on Thursday . The company traded as high as $16.23 and last traded at $16.09, with a volume of 2119506 shares traded. The stock had previously closed at $15.24.

Wall Street Analysts Forecast Growth

DANOY has been the topic of several research reports. Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 9th. Royal Bank of Canada cut Danone from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. The Goldman Sachs Group raised Danone to a “hold” rating in a report on Tuesday, December 17th. Finally, Jefferies Financial Group cut Danone from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th.

Danone Trading Down 1.4 %

The stock has a 50-day moving average of $14.70 and a 200-day moving average of $14.14. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.