Danone (OTCMKTS:DANOY – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 13,521 shares, a decrease of 71.4% from the September 30th total of 47,347 shares. Based on an average daily trading volume, of 1,249,306 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Danone Trading Down 0.7%
OTCMKTS:DANOY opened at $13.74 on Wednesday. The stock has a fifty day moving average price of $14.07 and a two-hundred day moving average price of $15.49. Danone has a 1 year low of $12.83 and a 1 year high of $18.63.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the company. Jefferies Financial Group lowered Danone from a “buy” rating to an “underperform” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Danone from a “sell” rating to a “hold” rating in a research note on Tuesday, September 22nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Danone in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.
Get Our Latest Analysis on Danone
About Danone
Danone is a France-based multinational food and beverage company that develops and markets products in three principal categories: essential dairy and plant-based products, waters, and specialized nutrition. Its portfolio includes fermented dairy products, plant-based foods and beverages, bottled water, infant nutrition, and medical nutrition products.
The company’s brands include Activia, Actimel, Alpro, evian, Volvic, Aptamil, Nutricia, and Fortimel, among others. Danone sells its products through retail, foodservice, healthcare, and specialized nutrition channels, serving consumers and patients in markets across Europe, North America, Latin America, Asia, Africa, and other regions.
Danone traces its origins to 1919, when Isaac Carasso began producing yogurt in Barcelona, Spain.
See Also
- Five stocks we like better than Danone
- These 3 New ETFs Are Turning Heads—Are They Worth Buying?
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
Receive News & Ratings for Danone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danone and related companies with MarketBeat.com's FREE daily email newsletter.
