Pernod Ricard (OTCMKTS:PRNDY) Stock Price Down 4.8% – Here’s Why

Pernod Ricard SA (OTCMKTS:PRNDY)’s share price was down 4.8% on Tuesday . The stock traded as low as $14.50 and last traded at $14.50. 37,845 shares were traded during trading, a decline of 94% from the average daily volume of 677,381 shares. The stock had previously closed at $15.23.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Pernod Ricard presently has a consensus rating of “Hold”.

Pernod Ricard Stock Down 0.5%

The company has a 50-day moving average of $14.66 and a 200 day moving average of $16.02. The company has a current ratio of 2.33, a quick ratio of 0.83 and a debt-to-equity ratio of 0.72.

About Pernod Ricard

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.