Pernod Ricard (OTC:PRNDY) Reaches New 52-Week Low – What’s Next?

Shares of Pernod Ricard SA (OTC:PRNDY) hit a new 52-week low during trading on Wednesday . The company traded as low as $17.01 and last traded at $17.22, with a volume of 56915 shares trading hands. The stock had previously closed at $17.17.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Barclays upgraded shares of Pernod Ricard from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 11th. Zacks Research cut Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Three equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Pernod Ricard Stock Up 0.5%

The firm’s 50 day moving average price is $18.77 and its two-hundred day moving average price is $20.50. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.68.

Pernod Ricard Company Profile

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.