Pernod Ricard (OTC:PRNDY) Sets New 12-Month Low – Here’s What Happened

Pernod Ricard SA (OTC:PRNDY)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $17.01 and last traded at $17.22, with a volume of 56915 shares. The stock had previously closed at $17.17.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PRNDY. Zacks Research lowered Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Barclays upgraded shares of Pernod Ricard from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 11th. Three investment analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Pernod Ricard Price Performance

The stock’s 50 day moving average price is $18.67 and its 200 day moving average price is $20.45. The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 0.68.

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.