Carrefour (OTCMKTS:CRRFY) Lowered to Strong Sell Rating by BNP Paribas

BNP Paribas cut shares of Carrefour (OTCMKTS:CRRFYFree Report) from a hold rating to a strong sell rating in a report issued on Wednesday,Zacks.com reports.

Carrefour Stock Up 1.8 %

OTCMKTS:CRRFY opened at $2.79 on Wednesday. Carrefour has a 1 year low of $2.70 and a 1 year high of $3.75. The company has a quick ratio of 0.60, a current ratio of 0.85 and a debt-to-equity ratio of 0.68. The stock has a 50-day simple moving average of $2.87 and a 200-day simple moving average of $3.10.

About Carrefour

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Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.

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