Pernod Ricard SA (OTCMKTS:PRNDY) Short Interest Update
by Jessica Moore · The Cerbat GemPernod Ricard SA (OTCMKTS:PRNDY – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 181,779 shares, a growth of 1,550.6% from the August 15th total of 11,013 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 927,189 shares, the short-interest ratio is presently 0.2 days.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Pernod Ricard from a “strong sell” rating to a “hold” rating in a research 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Check Out Our Latest Research Report on PRNDY
Pernod Ricard Stock Performance
Shares of OTCMKTS:PRNDY traded up $0.02 during midday trading on Friday, hitting $13.75. The stock had a trading volume of 455,984 shares, compared to its average volume of 663,490. Pernod Ricard has a fifty-two week low of $13.40 and a fifty-two week high of $21.52. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.33 and a quick ratio of 0.83. The company’s 50-day moving average price is $15.10 and its 200-day moving average price is $15.22.
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.