Danone Sponsored ADR (OTCMKTS:DANOY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 34,300 shares, a growth of 40.6% from the August 15th total of 24,400 shares. Based on an average daily volume of 405,700 shares, the short-interest ratio is presently 0.1 days.
OTCMKTS DANOY traded up $0.02 on Wednesday, hitting $13.65. 377,657 shares of the company’s stock were exchanged, compared to its average volume of 896,826. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.90 and a quick ratio of 0.73. The firm’s 50-day moving average price is $13.28 and its two-hundred day moving average price is $13.43. Danone has a fifty-two week low of $11.25 and a fifty-two week high of $17.84. The firm has a market cap of $46.76 billion, a price-to-earnings ratio of 15.85, a P/E/G ratio of 5.21 and a beta of 0.64.
A number of research firms have recently commented on DANOY. Bank of America cut Danone from a “buy” rating to a “neutral” rating in a research report on Monday, June 29th. Societe Generale restated a “sell” rating on shares of Danone in a research report on Thursday, June 4th. Berenberg Bank restated a “hold” rating on shares of Danone in a research report on Thursday, August 6th. Zacks Investment Research cut Danone from a “hold” rating to a “sell” rating in a research report on Tuesday, August 25th. Finally, UBS Group cut Danone from a “buy” rating to a “sell” rating in a research report on Monday, June 29th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold”.
Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.
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