Danone (OTCMKTS:DANOY) Reaches New 12-Month High – What’s Next?

Danone S.A. (OTCMKTS:DANOY) shares hit a new 52-week high on Monday . The company traded as high as $15.68 and last traded at $15.59, with a volume of 524874 shares. The stock had previously closed at $15.56.

Analyst Ratings Changes

Several brokerages recently issued reports on DANOY. The Goldman Sachs Group upgraded shares of Danone to a “hold” rating in a report on Tuesday, December 17th. Royal Bank of Canada cut shares of Danone from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Sanford C. Bernstein upgraded shares of Danone from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. Finally, Jefferies Financial Group downgraded shares of Danone from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th.

Danone Trading Up 0.2 %

The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 0.60. The business has a fifty day moving average price of $13.86 and a two-hundred day moving average price of $13.95.

About Danone

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.