Colruyt (OTCMKTS:CUYTY) Share Price Breaks Below 200-Day Moving Average – Here’s What Happened

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $10.10 and traded as low as $10.00. Colruyt shares last traded at $10.00, with a volume of 500 shares traded.

Wall Street Analyst Weigh In

CUYTY has been the topic of several research reports. Zacks Research cut shares of Colruyt from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. UBS Group cut shares of Colruyt from a “buy” rating to a “sell” rating in a report on Monday, October 5th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Colruyt has a consensus rating of “Reduce”.

Read Our Latest Stock Analysis on CUYTY

Colruyt Stock Performance

The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $10.69 and a 200-day moving average price of $10.10.

About Colruyt

(Get Free Report)

Colruyt Group NV is a Belgian retail and wholesale company best known for its Colruyt Lowest Prices supermarket chain. The group sells food, household products and other everyday consumer goods through a network of supermarkets and specialty stores, as well as through online channels. Its retail portfolio has also included the OKay and Bio-Planet supermarket formats and businesses focused on toys and baby products.

In addition to food retail, Colruyt Group operates wholesale and food-service activities, supplying independent retailers, professional customers and hospitality businesses.

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