Pernod Ricard (OTC:PRNDY) Reaches New 1-Year Low – What’s Next?

Pernod Ricard SA (OTC:PRNDY) shares reached a new 52-week low on Monday . The company traded as low as $17.40 and last traded at $17.5350, with a volume of 40294 shares traded. The stock had previously closed at $17.85.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Two 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Pernod Ricard Stock Performance

The business has a 50 day moving average of $19.22 and a 200-day moving average of $20.76. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.68.

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.