Pernod Ricard (OTCMKTS:PRNDY) Shares Gap Up – What’s Next?

Pernod Ricard SA (OTCMKTS:PRNDY)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $13.93, but opened at $14.46. Pernod Ricard shares last traded at $14.40, with a volume of 35,723 shares changing hands.

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 equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pernod Ricard presently has a consensus rating of “Hold”.

Pernod Ricard Trading Up 4.7%

The company has a current ratio of 2.47, a quick ratio of 0.78 and a debt-to-equity ratio of 0.73. The stock’s fifty day simple moving average is $14.55 and its 200-day simple moving average is $14.73.

About Pernod Ricard

Pernod Ricard is a France-based beverage company that produces, distributes and markets wines and spirits. Its portfolio spans whisky, vodka, gin, rum, cognac, champagne, sparkling wine, liqueurs and anise-flavored spirits, serving consumers through a global network of subsidiaries, distributors and commercial partners.

The company’s brand portfolio includes Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s, Royal Salute and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Malibu, Beefeater gin, Kahlúa, Mumm and Perrier-Jouët champagnes, and Ricard pastis.