Pernod Ricard (OTC:PRNDY) Shares Down 0.9% - Here's What Happened

Key Points

• Pernod Ricard's shares fell by 0.9% during trading, closing at $20.91 after reaching a low of $20.81.
• The company recently paid a dividend of $0.4302 per share, yielding 374.0%, with the ex-dividend date on July 22nd.
• Pernod Ricard's trading volume decreased significantly, with only 152,281 shares traded, a decline of 64% from its average session volume.

Pernod Ricard SA (OTC:PRNDY - ) fell 0.9% during trading on Friday . The company traded as low as $20.81 and last traded at $20.91. 152,281 shares traded hands during trading, a decline of 64% from the average session volume of 419,710 shares. The stock had previously closed at $21.09.

Pernod Ricard Trading Down 0.9%

The business's 50 day simple moving average is $22.32 and its 200 day simple moving average is $21.46. The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 0.68.

Pernod Ricard Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 22nd. Shareholders of record on Wednesday, July 23rd were paid a dividend of $0.4302 per share. This represents a yield of 374.0%. The ex-dividend date of this dividend was Tuesday, July 22nd.

About Pernod Ricard

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P.

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