Danone (OTCMKTS:DANOY) Shares Gap Up - What's Next?

Key Points

• Danone's share price increased from $15.26 to $16.19 before opening on Wednesday, with the last trade at $16.28 and a volume of 132,019 shares.
• Citigroup has maintained a "neutral" rating for Danone stock, which has one sell rating and four hold ratings, indicating a general wait-and-see approach from analysts.
• Danone operates in the food and beverage sector with segments including Essential Dairy & Plant-Based, Specialized Nutrition, and Waters, catering to multiple regions worldwide.

Danone (OTCMKTS:DANOY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $15.26, but opened at $16.19. Danone shares last traded at $16.28, with a volume of 132,019 shares changing hands.

Analyst Ratings Changes

Separately, Citigroup reissued a "neutral" rating on shares of Danone in a research report on Thursday, April 24th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold".

Danone Stock Up 2.4%

The company has a current ratio of 0.93, a quick ratio of 0.77 and a debt-to-equity ratio of 0.56. The business's fifty day moving average price is $16.36 and its 200-day moving average price is $15.65.

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.