Pernod Ricard (OTC:PRNDY) Hits New 52-Week Low – What’s Next?

Pernod Ricard SA (OTC:PRNDY)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $18.80 and last traded at $18.92, with a volume of 1832533 shares. The stock had previously closed at $19.17.

Analysts Set New Price Targets

Separately, Berenberg Bank raised shares of Pernod Ricard to a “strong-buy” rating in a report on Wednesday, April 2nd.

Pernod Ricard Trading Down 1.3 %

The company’s 50-day simple moving average is $21.06 and its 200-day simple moving average is $23.28. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.84 and a quick ratio of 0.68.

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.