Pernod Ricard SA (OTCMKTS:PRNDY) Short Interest Update

Pernod Ricard SA (OTCMKTS:PRNDY) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 44,156 shares, a decrease of 75.7% from the August 31st total of 181,779 shares. Based on an average trading volume of 1,501,688 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Pernod Ricard Stock Performance

Shares of Pernod Ricard stock traded up $0.04 on Friday, hitting $13.53. The company had a trading volume of 288,732 shares, compared to its average volume of 757,203. The stock has a 50-day moving average of $14.90 and a 200-day moving average of $14.90. The company has a quick ratio of 0.83, a current ratio of 2.47 and a debt-to-equity ratio of 0.73. Pernod Ricard has a twelve month low of $13.40 and a twelve month high of $20.96.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Pernod Ricard

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.