Pernod Ricard (OTCMKTS:PRNDY) Hits New 12-Month Low – Should You Sell?

Pernod Ricard SA (OTCMKTS:PRNDY)’s share price reached a new 52-week low on Friday. The stock traded as low as $13.3960 and last traded at $13.4440, with a volume of 103188 shares traded. The stock had previously closed at $13.49.

Analyst Ratings Changes

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

Pernod Ricard Trading Down 0.1%

The stock has a 50 day moving average price of $14.93 and a 200 day moving average price of $14.91. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.83 and a current ratio of 2.33.

Pernod Ricard Company Profile

Pernod Ricard is a France-based producer and distributor of wines and spirits. The company’s portfolio includes internationally recognized brands such as Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Beefeater gin, Malibu, Mumm and Perrier-Jouët champagne, and Ricard anise-flavored aperitif.

The company sells its products through a broad global distribution network serving markets across Europe, North and South America, Asia-Pacific, Africa and other regions.