Danone S.A. (OTCMKTS:DANOY - Get Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 151,700 shares, an increase of 63.6% from the May 15th total of 92,700 shares. Based on an average trading volume of 2,426,800 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Danone Price Performance
OTCMKTS:DANOY traded down $0.23 during trading hours on Friday, reaching $16.74. 204,445 shares of the company traded hands, compared to its average volume of 711,400. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74. The firm's 50-day moving average is $16.73 and its 200-day moving average is $15.04. Danone has a 1-year low of $12.16 and a 1-year high of $17.65.
Danone Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 5th were paid a dividend of $0.3675 per share. This represents a dividend yield of 2.16%. The ex-dividend date was Friday, May 2nd.
Wall Street Analyst Weigh In
DANOY has been the subject of a number of recent analyst reports. Royal Bank of Canada downgraded shares of Danone from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Citigroup reiterated 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 issued a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".
View Our Latest Analysis on Danone
Danone Company Profile
(
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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