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 stock 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.

Analysts Set New Price Targets

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

Danone Stock Performance

The company has a 50 day simple moving average of $13.54 and a 200-day simple moving average of $13.82. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74.

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.