Danone S.A. (OTCMKTS:DANOY – Get Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 11,000 shares, a decrease of 77.9% from the January 31st total of 49,800 shares. Based on an average daily volume of 720,500 shares, the short-interest ratio is presently 0.0 days.
Danone Stock Up 0.5 %
DANOY stock traded up $0.07 during midday trading on Friday, reaching $14.26. The stock had a trading volume of 544,288 shares, compared to its average volume of 623,100. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.74 and a current ratio of 0.91. The firm has a fifty day simple moving average of $13.68 and a two-hundred day simple moving average of $13.88. Danone has a 52-week low of $12.01 and a 52-week high of $14.72.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on DANOY. Sanford C. Bernstein upgraded Danone from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. Royal Bank of Canada lowered Danone from a “moderate buy” rating to a “hold” rating in a report on Wednesday. The Goldman Sachs Group upgraded Danone to a “hold” rating in a report on Tuesday, December 17th. Finally, Jefferies Financial Group lowered Danone from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th.
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.
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