Pernod Ricard (OTCMKTS:PRNDY) Shares Gap Down – Should You Sell?

Pernod Ricard SA (OTCMKTS:PRNDY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $15.66, but opened at $14.5101. Pernod Ricard shares last traded at $14.53, with a volume of 25,061 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Pernod Ricard Stock Performance

The company has a 50 day simple moving average of $15.19 and a 200-day simple moving average of $15.62. The company has a quick ratio of 0.83, a current ratio of 2.33 and a debt-to-equity ratio of 0.72.

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.