Danone (OTCMKTS:DANOY) Sets New 12-Month Low – Here’s Why

Shares of Danone S.A. (OTCMKTS:DANOYGet Free Report) reached a new 52-week low on Friday . The company traded as low as $7.08 and last traded at $13.18, with a volume of 505333 shares changing hands. The stock had previously closed at $13.34.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DANOY. Jefferies Financial Group lowered shares of Danone from a “hold” rating to an “underperform” rating in a report on Wednesday. The Goldman Sachs Group raised shares of Danone to a “hold” rating in a research note on Tuesday, December 17th.

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Danone Stock Performance

The firm’s 50 day simple moving average is $13.63 and its 200 day simple moving average is $13.62.

About Danone

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Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.

Further Reading

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