Danone (OTCMKTS:DANOY - Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 151,700 shares, a growth of 63.6% from the May 15th total of 92,700 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 2,426,800 shares, the short-interest ratio is currently 0.1 days.
Danone Price Performance
DANOY traded up $0.15 on Wednesday, hitting $16.56. 158,933 shares of the company were exchanged, compared to its average volume of 700,044. Danone has a 12 month low of $12.16 and a 12 month high of $17.65. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.93 and a quick ratio of 0.77. The firm has a fifty day simple moving average of $16.77 and a two-hundred day simple moving average of $15.08.
Danone Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 5th were paid a $0.3675 dividend. The ex-dividend date was Friday, May 2nd. This represents a dividend yield of 2.16%.
Analysts Set New Price Targets
DANOY has been the subject of several recent research 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 investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, Danone currently has an average rating of "Hold".
Check Out Our Latest Report 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.
Recommended Stories
Before you consider Danone, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Danone wasn't on the list.
While Danone currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
