Pernod Ricard (OTCMKTS:PDRDF) Trading 2% Higher – Here’s What Happened

Pernod Ricard SA (OTCMKTS:PDRDF)’s stock price was up 2% during trading on Friday . The stock traded as high as C$88.18 and last traded at C$88.18. Approximately 1,035 shares changed hands during trading, a decline of 45% from the average daily volume of 1,865 shares. The stock had previously closed at C$86.42.

Wall Street Analyst Weigh In

Separately, Morgan Stanley cut shares of Pernod Ricard from an “overweight” rating to an “underweight” rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Pernod Ricard Price Performance

The business’s 50 day moving average is C$97.54 and its 200 day moving average is C$103.64.

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.