Pernod Ricard (OTCMKTS:PDRDF) Shares Down 0.3% – Here’s Why

Pernod Ricard SA (OTCMKTS:PDRDF) shares fell 0.3% on Wednesday . The stock traded as low as C$76.85 and last traded at C$78.90. 105 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 4,866 shares. The stock had previously closed at C$79.11.

Pernod Ricard Stock Up 4.3%

The stock has a 50 day moving average of C$73.50 and a 200-day moving average of C$78.94.

About Pernod Ricard

Pernod Ricard SA (OTCMKTS:PDRDF) is a French multinational company specializing in the production, distribution and marketing of wines and spirits. The company’s portfolio spans a broad range of premium brands, including whiskies such as Chivas Regal and The Glenlivet, cognacs under the Martell label, vodkas like Absolut, and tequilas including Olmeca. In addition to these core offerings, Pernod Ricard markets rosé and sparkling wines, liqueurs and ready-to-drink cocktails, positioning itself among the world’s leading producers in the beverage alcohol industry.

Formed in 1975 through the merger of Pernod and Ricard—two well-established French distillers—the organization has grown organically and through targeted acquisitions to extend its global footprint.