Carrefour (OTCMKTS:CRRFY) Trading Down 0.6% - Here's What Happened

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) shares traded down 0.6% during trading on Thursday . The stock traded as low as $3.10 and last traded at $3.12. 189,531 shares were traded during mid-day trading, a decline of 75% from the average session volume of 754,536 shares. The stock had previously closed at $3.14.

Analyst Ratings Changes

Several brokerages have recently commented on CRRFY. Citigroup reaffirmed a "buy" rating on shares of Carrefour in a research report on Tuesday, February 4th. BNP Paribas cut shares of Carrefour from a "hold" rating to a "strong sell" rating in a report on Wednesday, January 22nd. Hsbc Global Res cut shares of Carrefour from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 31st. Finally, Barclays restated an "overweight" rating on shares of Carrefour in a research note on Wednesday, April 16th.

Carrefour Stock Performance

The business has a 50-day moving average of $2.96 and a two-hundred day moving average of $2.91. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85.

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.