Danone (OTCMKTS:DANOY) Hits New 52-Week Low – Here’s What Happened

Danone S.A. (OTCMKTS:DANOYGet Free Report) reached a new 52-week low on Friday . The company traded as low as $7.08 and last traded at $13.18, with a volume of 505333 shares. The stock had previously closed at $13.34.

Analyst Upgrades and Downgrades

DANOY has been the subject of a number of recent analyst reports. Jefferies Financial Group downgraded Danone from a “hold” rating to an “underperform” rating in a research report on Wednesday. The Goldman Sachs Group raised shares of Danone to a “hold” rating in a research note on Tuesday, December 17th.

Read Our Latest Report on Danone

Danone Stock Performance

The stock’s 50 day simple moving average is $13.61 and its 200-day simple moving average is $13.64.

About Danone

(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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