Danone (OTCMKTS:DANOY – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 6,154 shares, a decrease of 98.6% from the July 30th total of 431,583 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 858,750 shares, the days-to-cover ratio is currently 0.0 days.
Danone Stock Performance
Shares of DANOY stock opened at $15.22 on Thursday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.75 and a current ratio of 0.90. The stock’s fifty day simple moving average is $15.96 and its 200 day simple moving average is $15.82. Danone has a twelve month low of $14.19 and a twelve month high of $18.63.
Wall Street Analysts Forecast Growth
DANOY has been the topic of a number of research reports. Santander upgraded shares of Danone to an “outperform” rating in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Danone in a research report on Friday, July 3rd. Jefferies Financial Group cut Danone from a “buy” rating to an “underperform” rating in a research report on Tuesday, July 21st. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Danone in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, 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.
Featured Stories
- Five stocks we like better than Danone
- When Unusual Volume Isn’t Noise: 3 Small-Caps Sending Signals
- Is Quantinuum Emerging as a Leader in the Quantum Race?
- J.M. Smucker’s Rally Nears a Key Test: Is a Full Recovery Ahead?
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
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.
