Danone (OTCMKTS:DANOY – Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 431,583 shares, a drop of 37.8% from the July 15th total of 694,211 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 828,995 shares, the short-interest ratio is currently 0.5 days.
Danone Trading Up 0.7%
Shares of DANOY opened at $15.09 on Wednesday. Danone has a 1 year low of $14.19 and a 1 year high of $18.63. The company has a quick ratio of 0.75, a current ratio of 0.90 and a debt-to-equity ratio of 0.58. The stock has a 50 day simple moving average of $15.96 and a two-hundred day simple moving average of $15.86.
Analyst Ratings Changes
A number of equities analysts have commented on DANOY shares. Santander raised shares of Danone to an “outperform” rating in a research note on Wednesday, June 10th. Morgan Stanley restated an “overweight” rating on shares of Danone in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Danone in a report on Friday, July 3rd. Finally, Jefferies Financial Group cut Danone from a “buy” rating to an “underperform” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.
Danone Company Profile
Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone’s long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.
Danone’s principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.
See Also
- Five stocks we like better than Danone
- Pony AI Stock Gains Traction as Robotaxi Fleet Expands Globally
- Amazon Plugs $18B Into the Southern Power Grid
- Speed Sells: Cerebras Cracks the Silicon Ceiling
- Amid Legal Risks, This Company Is Still Rated a Buy
Receive News & Ratings for Danone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danone and related companies with MarketBeat.com's FREE daily email newsletter.
