Danone (OTCMKTS:DANOY) Trading Up 0.7% – Still a Buy?

Danone S.A. (OTCMKTS:DANOY)’s stock price was up 0.7% during mid-day trading on Tuesday . The company traded as high as $14.18 and last traded at $14.12. Approximately 144,595 shares traded hands during trading, a decline of 76% from the average daily volume of 591,677 shares. The stock had previously closed at $14.02.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on DANOY shares. Sanford C. Bernstein upgraded Danone from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 9th. The Goldman Sachs Group upgraded Danone to a “hold” rating in a research report on Tuesday, December 17th. Finally, Jefferies Financial Group cut Danone from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th.

Danone Price Performance

The business has a fifty day moving average price of $13.54 and a 200-day moving average price of $13.82. The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 0.60.

Danone Company Profile

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.