Carrefour (OTCMKTS:CRRFY) Hits New 52-Week High - Here's Why

Key Points

• Carrefour hit a new 52-week high of $4.05 on Thursday (volume ~42,952 shares), up from a prior close of $3.90 and trading above its 50‑day ($3.74) and 200‑day ($3.42) moving averages.
• Analyst sentiment is mixed but leans positive: one Strong Buy, one Buy and two Holds produce an average rating of "Moderate Buy", with Jefferies recently downgrading to Hold and Oddo BHF upgrading to Neutral.
• Fundamentals show modest liquidity and moderate leverage—current ratio 0.87, quick ratio 0.63 and debt‑to‑equity 0.83—and Carrefour remains a major French multinational retailer across hypermarkets, supermarkets and e‑commerce.

Carrefour SA (OTCMKTS:CRRFY - Get Free Report)'s stock price reached a new 52-week high on Thursday . The company traded as high as $4.05 and last traded at $4.05, with a volume of 42952 shares. The stock had previously closed at $3.90.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Jefferies Financial Group downgraded Carrefour from a "buy" rating to a "hold" rating in a research report on Friday, January 30th. Oddo Bhf upgraded shares of Carrefour to a "neutral" rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy".

Carrefour Price Performance

The firm has a fifty day simple moving average of $3.74 and a 200-day simple moving average of $3.42. The company has a current ratio of 0.87, a quick ratio of 0.63 and a debt-to-equity ratio of 0.83.

Carrefour Company Profile

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world's largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour's core business activities revolve around food retailing, non-food products and services.

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