Pernod Ricard (OTCMKTS:PRNDY) Shares Gap Up – Time to Buy?

Shares of Pernod Ricard SA (OTCMKTS:PRNDY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $13.93, but opened at $14.46. Pernod Ricard shares last traded at $14.40, with a volume of 35,723 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Pernod Ricard from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Get Our Latest Analysis on Pernod Ricard

Pernod Ricard Stock Performance

The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.78 and a current ratio of 2.47. The business has a 50 day simple moving average of $14.55 and a 200 day simple moving average of $14.73.

Pernod Ricard Company Profile

(Get Free Report)

Pernod Ricard is a France-based beverage company that produces, distributes and markets wines and spirits. Its portfolio spans whisky, vodka, gin, rum, cognac, champagne, sparkling wine, liqueurs and anise-flavored spirits, serving consumers through a global network of subsidiaries, distributors and commercial partners.

The company’s brand portfolio includes Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s, Royal Salute and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Malibu, Beefeater gin, Kahlúa, Mumm and Perrier-Jouët champagnes, and Ricard pastis.

Further Reading

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