Pernod Ricard (OTCMKTS:PRNDY) Shares Gap Up – Should You Buy?

Pernod Ricard SA (OTCMKTS:PRNDY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $13.66, but opened at $14.36. Pernod Ricard shares last traded at $14.52, with a volume of 285,981 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms recently commented on PRNDY. Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. BNP Paribas Exane cut shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Finally, Barclays raised shares of Pernod Ricard from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 11th. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Pernod Ricard Trading Up 8.1%

The stock has a fifty day moving average price of $17.66 and a 200 day moving average price of $18.46. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.60 and a current ratio of 1.91.

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.