Danone (OTCMKTS:DANOY) Sets New 1-Year High - What's Next?

Key Points

• Danone's stock reached a new **52-week high** at **$18.31**, with a last trading price of **$18.30** and significant trading volume of **59,134 shares**.
• Wall Street analysts have mixed views on Danone, with **two analysts rating it as a Buy** and **four as Hold**, maintaining an average rating of **"Hold"**.
• The company operates across various regions and segments, including **Essential Dairy & Plant-Based**, **Specialized Nutrition**, and **Waters**.

Danone (OTCMKTS:DANOY - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The stock traded as high as $18.31 and last traded at $18.30, with a volume of 59134 shares traded. The stock had previously closed at $18.19.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DANOY. Wall Street Zen cut Danone from a "buy" rating to a "hold" rating in a report on Friday, August 15th. Morgan Stanley reaffirmed an "overweight" rating on shares of Danone in a research note on Friday, October 10th. Finally, Jefferies Financial Group raised Danone from an "underperform" rating to a "buy" rating in a research note on Tuesday, September 16th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold".

Danone Trading Up 0.1%

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 business has a 50 day moving average of $17.31 and a two-hundred day moving average of $16.75.

Danone Company Profile

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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