Carrefour (OTCMKTS:CRRFY) Trading Down 0.3% - Here's Why

Key Points

• Carrefour SA's stock fell 0.3%, trading at $3.03 after reaching a low of $3.00, with a trading volume decline of 13% compared to its average.
• The company recently declared a dividend of $0.041 per share, leading to a remarkable dividend yield of 124.0%.
• Carrefour operates a range of retail formats including hypermarkets, supermarkets, and e-commerce, serving countries across Europe, South America, and Asia.

Carrefour SA (OTCMKTS:CRRFY - ) dropped 0.3% during trading on Monday . The stock traded as low as $3.00 and last traded at $3.03. Approximately 143,154 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 165,265 shares. The stock had previously closed at $3.04.

Carrefour Stock Down 0.3%

The company's 50 day moving average is $2.95 and its 200 day moving average is $2.95. The company has a quick ratio of 0.63, a current ratio of 0.88 and a debt-to-equity ratio of 0.78.

Carrefour Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 3rd were given a dividend of $0.041 per share. This represents a dividend yield of 124.0%. The ex-dividend date was 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.

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