Pernod Ricard (OTCMKTS:PRNDY) Sees Large Volume Increase – Time to Buy?

Shares of Pernod Ricard SA (OTCMKTS:PRNDY – Get Free Report) saw strong trading volume on Monday. 782,234 shares traded hands during trading, an increase of 11% from the previous session’s volume of 703,897 shares. The stock last traded at $13.87 and had previously closed at $13.80.

Analysts Set New Price Targets

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

Get Our Latest Analysis on Pernod Ricard

Pernod Ricard Stock Performance

The company has a quick ratio of 0.78, a current ratio of 2.47 and a debt-to-equity ratio of 0.73. The stock has a fifty day moving average of $14.59 and a 200 day moving average of $14.74.

Pernod Ricard Company Profile

(Get Free Report)

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.

Further Reading

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