Danone (OTCMKTS:DANOY) Downgraded to “Hold” Rating by Wall Street Zen

Danone (OTCMKTS:DANOY) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Friday.

Other equities analysts also recently issued reports about the stock. Citigroup reissued a “neutral” rating on shares of Danone in a report on Thursday, April 24th. Morgan Stanley reissued an “overweight” rating on shares of Danone in a report on Monday, August 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Danone Stock Performance

OTCMKTS DANOY opened at $16.74 on Friday. The company has a fifty day simple moving average of $16.29 and a 200 day simple moving average of $15.87. Danone has a 12-month low of $13.02 and a 12-month high of $17.65. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.93 and a quick ratio of 0.77.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.