Carrefour (OTCMKTS:CRRFY) Trading 0.9% Higher - Still a Buy?

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) shares were up 0.9% during mid-day trading on Friday . The company traded as high as $3.30 and last traded at $3.30. Approximately 138,755 shares were traded during trading, a decline of 80% from the average daily volume of 677,568 shares. The stock had previously closed at $3.27.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Citigroup restated a "buy" rating on shares of Carrefour in a report on Tuesday, February 4th. Barclays reissued an "overweight" rating on shares of Carrefour in a research note on Wednesday, April 16th.

Carrefour Stock Performance

The stock has a 50 day simple moving average of $3.09 and a 200 day simple moving average of $2.92. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85.

Carrefour Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, June 24th. Investors of record on Tuesday, June 3rd will be given a dividend of $0.041 per share. This represents a yield of 1.24%. The ex-dividend date of this dividend is Monday, June 2nd.

About Carrefour

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.