Carrefour (OTCMKTS:CRRFY) Hits New 52-Week High - Should You Buy?

Key Points

• New 52-week high: Carrefour shares traded as high as $3.99 on Monday with volume of 150,539 shares; the 50‑day and 200‑day moving averages are $3.69 and $3.37, respectively.
• Analyst action: Jefferies downgraded Carrefour from "Buy" to "Hold" on Jan. 30, though the street consensus remains an average "Buy" (one Strong Buy, one Buy, one Hold).
• Balance‑sheet metrics: The company shows modest leverage with a debt‑to‑equity of 0.83 but constrained short‑term liquidity, with a current ratio of 0.87 and a quick ratio of 0.63.

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $3.99 and last traded at $3.99, with a volume of 150539 shares. The stock had previously closed at $3.94.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lowered Carrefour from a "buy" rating to a "hold" rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy".

Carrefour Stock Performance

The company has a debt-to-equity ratio of 0.83, a current ratio of 0.87 and a quick ratio of 0.63. The company's 50 day moving average is $3.69 and its 200 day moving average is $3.37.

About Carrefour

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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