Danone (OTCMKTS:DANOY) Hits New 12-Month Low - What's Next?

Key Points

• Danone hit a new 52-week low, trading as low as $15.10 (last $15.14) on light volume and remaining below its 50‑day ($16.12) and 200‑day ($17.07) moving averages.
• Analyst sentiment is mixed — Deutsche Bank cut to a sell while Morgan Stanley and Kepler issued more positive calls — with the consensus breakdown at 1 Strong Buy, 2 Buy, 2 Hold and 1 Sell, and an average rating of Moderate Buy.
• Key financial metrics show moderate leverage and tight liquidity, with a debt-to-equity ratio of 0.58 and liquidity ratios below 1.0 (quick ratio 0.75, current ratio 0.90), implying limited short-term coverage.

Danone (OTCMKTS:DANOY - Get Free Report)'s stock price reached a new 52-week low on Friday . The company traded as low as $15.10 and last traded at $15.14, with a volume of 4485 shares trading hands. The stock had previously closed at $15.44.

Analyst Ratings Changes

DANOY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered shares of Danone from a "hold" rating to a "sell" rating in a research note on Monday, January 12th. Morgan Stanley reissued an "overweight" rating on shares of Danone in a research report on Monday, February 23rd. Finally, Kepler Capital Markets raised Danone to a "strong-buy" rating in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Danone has an average rating of "Moderate Buy".

Danone Price Performance

The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.75 and a current ratio of 0.90. The stock has a 50 day moving average price of $16.12 and a two-hundred day moving average price of $17.07.

About Danone

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone's long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone's principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.

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