Pernod Ricard (OTC:PRNDY) Sets New 12-Month Low – Time to Sell?

Pernod Ricard SA (OTC:PRNDY) reached a new 52-week low during trading on Monday . The company traded as low as $16.70 and last traded at $16.72, with a volume of 126705 shares traded. The stock had previously closed at $17.10.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Barclays raised shares of Pernod Ricard from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 11th. BNP Paribas Exane cut Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Finally, Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Three analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Pernod Ricard Trading Down 1.6%

The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.68 and a current ratio of 1.84. The firm’s 50 day moving average is $18.26 and its two-hundred day moving average is $19.24.

Pernod Ricard Company Profile

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.