Danone S.A. (OTCMKTS:DANOY - Get Free Report) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 47,600 shares, a decline of 73.7% from the March 31st total of 181,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,571,800 shares, the days-to-cover ratio is presently 0.0 days.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on DANOY. Sanford C. Bernstein upgraded Danone from a "strong sell" rating to a "hold" rating in a research report on Thursday, January 9th. Citigroup reissued a "neutral" rating on shares of Danone in a research note on Thursday. Jefferies Financial Group cut shares of Danone from a "hold" rating to an "underperform" rating in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada lowered shares of Danone from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold".
Check Out Our Latest Research Report on Danone
Danone Stock Performance
Shares of DANOY stock opened at $16.98 on Friday. 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 business has a fifty day moving average of $15.51 and a 200 day moving average of $14.36. Danone has a 1 year low of $12.01 and a 1 year high of $17.25.
About Danone
(
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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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