Pernod Ricard (OTC:PRNDY) Stock Price Up 1.6% – Should You Buy?

Pernod Ricard SA (OTC:PRNDY)’s stock price traded up 1.6% during mid-day trading on Tuesday . The company traded as high as $18.1950 and last traded at $18.06. 238,164 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 723,598 shares. The stock had previously closed at $17.78.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on PRNDY shares. BNP Paribas Exane downgraded Pernod Ricard from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Barclays upgraded Pernod Ricard from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 11th. Finally, Zacks Research cut Pernod Ricard from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Pernod Ricard presently has a consensus rating of “Moderate Buy”.

Pernod Ricard Stock Performance

The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 0.68. The stock’s fifty day simple moving average is $17.62 and its two-hundred day simple moving average is $19.77.

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.