Colruyt (OTCMKTS:CUYTY) Shares Gap Up – Here’s What Happened

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTYGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $9.34, but opened at $10.20. Colruyt shares last traded at $10.20, with a volume of 100 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Oddo Bhf upgraded Colruyt to an “outperform” rating in a research report on Friday. Sanford C. Bernstein assumed coverage on Colruyt in a research report on Friday, May 15th. They issued a “market perform” rating on the stock. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Colruyt currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Colruyt

Colruyt Stock Up 6.7%

The company has a 50 day moving average of $9.57 and a 200 day moving average of $9.47. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.88 and a quick ratio of 0.55.

Colruyt Company Profile

(Get Free Report)

Colruyt Group is a Belgium-based retail and wholesale company known for its range of food and non-food products. Founded in 1928 by Franz Colruyt, the company has developed a reputation for competitive pricing and operational efficiency. It operates a network of branded supermarkets and hypermarkets under the Colruyt name, catering to both household shoppers and business clients.

In addition to its core supermarket operations, Colruyt Group manages several specialized retail formats and services.

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