Pernod Ricard (OTC:PRNDY) Stock Price Up 0.6% – Here’s Why

Pernod Ricard SA (OTC:PRNDY) shares were up 0.6% during trading on Tuesday . The stock traded as high as $23.82 and last traded at $23.76. Approximately 913,795 shares changed hands during trading, an increase of 198% from the average daily volume of 307,043 shares. The stock had previously closed at $23.63.

Pernod Ricard Stock Up 0.6 %

The business has a 50-day simple moving average of $25.00 and a two-hundred day simple moving average of $27.05. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.68 and a current ratio of 1.84.

Pernod Ricard Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 22nd will be given a $0.5154 dividend. This is a positive change from Pernod Ricard’s previous dividend of $0.50. The ex-dividend date is Friday, November 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.