Pernod Ricard SA (OTCMKTS:PRNDY – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 568,998 shares, a growth of 590.9% from the October 15th total of 82,361 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 942,825 shares, the days-to-cover ratio is currently 0.6 days.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Pernod Ricard presently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on PRNDY
Pernod Ricard Stock Performance
PRNDY opened at $16.19 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 2.47 and a debt-to-equity ratio of 0.73. The business’s 50 day moving average is $14.38 and its 200-day moving average is $15.44. Pernod Ricard has a twelve month low of $12.95 and a twelve month high of $20.72.
Pernod Ricard Company Profile
Pernod Ricard is a French beverage company that produces and markets spirits and champagne. Formed in 1975 through the merger of Pernod and Ricard, the company is headquartered in Paris. Its portfolio includes whiskey, vodka, gin, rum, cognac, anise-based spirits and champagne. Well-known brands include Jameson, Chivas Regal, Ballantine’s, Absolut, Beefeater, Martell, Havana Club, Malibu, Mumm and Perrier-Jouët. Pernod Ricard serves consumers in markets around the world through a network of local subsidiaries and distribution partners.
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