Carrefour (OTCMKTS:CRRFY) Shares Down 0.6% – What’s Next?

Shares of Carrefour SA (OTCMKTS:CRRFY) dropped 0.6% during trading on Thursday . The company traded as low as $3.10 and last traded at $3.12. Approximately 189,531 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 754,536 shares. The stock had previously closed at $3.14.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Citigroup reiterated a “buy” rating on shares of Carrefour in a report on Tuesday, February 4th. BNP Paribas cut shares of Carrefour from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 22nd. Hsbc Global Res downgraded shares of Carrefour from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. Finally, Barclays reissued an “overweight” rating on shares of Carrefour in a report on Wednesday, April 16th.

Carrefour Stock Performance

The stock’s fifty day simple moving average is $2.93 and its two-hundred day simple moving average is $2.91. The company has a current ratio of 0.85, a quick ratio of 0.60 and a debt-to-equity ratio of 0.68.

Carrefour Company Profile

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.