Colruyt (OTCMKTS:CUYTY) Hits New 12-Month High – Should You Buy?

Shares of Colruyt SA Unsponsored ADR (OTCMKTS:CUYTYGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $10.8332 and last traded at $10.8332, with a volume of 533 shares. The stock had previously closed at $10.51.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Sanford C. Bernstein assumed coverage on Colruyt in a research note on Friday, May 15th. They set a “market perform” rating for the company. Royal Bank Of Canada started coverage on Colruyt in a research note on Monday, July 6th. They set a “hold” rating for the company. Oddo Bhf raised Colruyt to an “outperform” rating in a report on Friday, June 12th. Finally, Zacks Research raised shares of Colruyt from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Read Our Latest Analysis on CUYTY

Colruyt Trading Up 3.1%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.57 and a current ratio of 0.87. The business has a 50 day moving average of $9.87 and a 200 day moving average of $9.60.

About Colruyt

(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.

Further Reading

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