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Carrefour (OTCMKTS:CRRFY) Shares Gap Down - Should You Sell?

Carrefour logo with Retail/Wholesale background

Carrefour SA (OTCMKTS:CRRFY - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $3.02, but opened at $2.83. Carrefour shares last traded at $2.78, with a volume of 25,177 shares.

Wall Street Analysts Forecast Growth

Separately, Barclays reiterated an "overweight" rating on shares of Carrefour in a research report on Wednesday, April 16th.

Check Out Our Latest Report on Carrefour

Carrefour Price Performance

The company has a debt-to-equity ratio of 0.78, a current ratio of 0.88 and a quick ratio of 0.63. The stock's 50-day moving average is $3.11 and its 200-day moving average is $2.91.

Carrefour Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 3rd were issued a $0.041 dividend. This represents a yield of 1.24%. The ex-dividend date was Monday, June 2nd.

About Carrefour

(Get Free Report)

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.

Further Reading

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