Etn. Fr. Colruyt (OTCMKTS:CUYTY) Sets New 12-Month High at $9.09

Etn. Fr. Colruyt NV (OTCMKTS:CUYTY) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $9.09 and last traded at $9.09, with a volume of 0 shares trading hands. The stock had previously closed at $9.09.

Wall Street Analysts Forecast Growth

CUYTY has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised shares of Etn. Fr. Colruyt from an “underweight” rating to an “overweight” rating in a research report on Tuesday, September 5th. Barclays raised shares of Etn. Fr. Colruyt from an “underweight” rating to an “equal weight” rating in a research report on Thursday, June 15th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Etn. Fr. Colruyt currently has a consensus rating of “Hold” and a consensus price target of $22.90.

Etn. Fr. Colruyt Stock Performance

The firm’s fifty day moving average is $9.09 and its 200 day moving average is $7.88.

Etn. Fr. Colruyt Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, October 18th. Investors of record on Monday, October 2nd will be issued a dividend of $0.1322 per share. The ex-dividend date is Friday, September 29th.

About Etn. Fr. Colruyt

Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company provides groceries, fresh products, dry products, and frozen and non-food products; and operates CNG, hydrogen filling, and charging stations.