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Danone (OTCMKTS:DANOY) Hits New 12-Month High - Should You Buy?

Danone logo with Consumer Staples background

Key Points

  • Danone's stock price has reached a new 52-week high, trading as high as $17.84, which marks a significant increase from its previous close of $17.59.
  • Analysts have mixed views on Danone, with two buy ratings and four hold ratings, resulting in a consensus rating of "Hold."
  • The company's recent financial metrics include a quick ratio of 0.78 and a current ratio of 0.95, indicating typical liquidity levels within the food and beverage sector.
  • Five stocks we like better than Danone.

Danone (OTCMKTS:DANOY - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $17.84 and last traded at $17.79, with a volume of 7582 shares trading hands. The stock had previously closed at $17.59.

Analyst Upgrades and Downgrades

DANOY has been the topic of several research analyst reports. Wall Street Zen cut Danone from a "buy" rating to a "hold" rating in a research note on Friday, August 15th. Morgan Stanley reaffirmed an "overweight" rating on shares of Danone in a research report on Friday, October 10th. Finally, Jefferies Financial Group upgraded shares of Danone from an "underperform" rating to a "buy" rating in a research note on Tuesday, September 16th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold".

Get Our Latest Stock Report on Danone

Danone Trading Up 1.6%

The company has a quick ratio of 0.78, a current ratio of 0.95 and a debt-to-equity ratio of 0.66. The firm's fifty day moving average is $17.19 and its 200 day moving average is $16.67.

About Danone

(Get Free Report)

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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