Carrefour SA (OTCMKTS:CRRFY – Get Free Report) traded down 4.1% during mid-day trading on Tuesday. The company traded as low as $3.55 and last traded at $3.55. 105,216 shares were traded during trading, a decline of 64% from the average daily volume of 292,526 shares. The stock had previously closed at $3.70.
Analyst Upgrades and Downgrades
CRRFY has been the topic of a number of analyst reports. UBS Group upgraded shares of Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Royal Bank Of Canada began coverage on shares of Carrefour in a research report on Monday, July 6th. They issued a “moderate buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on CRRFY
Carrefour Stock Performance
The company has a current ratio of 0.90, a quick ratio of 0.63 and a debt-to-equity ratio of 0.83. The company has a 50-day moving average of $3.73 and a 200-day moving average of $3.77.
Carrefour Company Profile
Carrefour SA is a France-based multinational food retailer operating hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce platforms. The company sells groceries, fresh food, household goods, personal-care products, apparel and other nonfood merchandise through its stores and digital channels.
Founded in 1959, Carrefour opened its first hypermarket in Sainte-Geneviève-des-Bois, France, in 1960. It has since developed a broad retail network supported by company-operated, franchised and partnered stores, as well as private-label brands and customer loyalty services.
Carrefour’s principal markets include France, Spain, Italy, Belgium, Poland, Romania, Brazil and Argentina, with additional international reach through franchise and partnership arrangements.
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