Pernod Ricard (OTCMKTS:PDRDF) Stock Jumps 5.1% – Here’s What Happened
by Amy Steele · The Cerbat GemPernod Ricard SA (OTCMKTS:PDRDF – Get Free Report) shares were up 5.1% on Tuesday. The company traded as high as C$73.74 and last traded at C$73.74. Approximately 2,780 shares changed hands during trading, a decline of 41% from the average session volume of 4,686 shares. The stock had previously closed at C$70.15.
Analyst Ratings Changes
Separately, Barclays reaffirmed an “overweight” rating on shares of Pernod Ricard in a research note on Friday, August 28th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, Pernod Ricard currently has an average rating of “Reduce”.
View Our Latest Stock Analysis on Pernod Ricard
Pernod Ricard Stock Up 1.6%
The company’s 50 day moving average is C$72.43 and its 200-day moving average is C$73.40.
Pernod Ricard Company Profile
Pernod Ricard is a France-based multinational company that produces, markets and distributes wines and spirits. Its portfolio spans Scotch whisky, Irish whiskey, American whiskey, cognac, vodka, rum, gin, tequila, champagne and sparkling wine, serving consumers through retail, hospitality and other distribution channels.
The company’s major brands include Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Beefeater gin, Malibu, Royal Salute, Mumm and Perrier-Jouët champagnes.