Compagnie de Saint-Gobain (OTCMKTS:CODYY) Reaches New 52-Week High - Here's Why

Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY - Get Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as $23.52 and last traded at $23.50, with a volume of 4544 shares changing hands. The stock had previously closed at $22.88.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Berenberg Bank upgraded Compagnie de Saint-Gobain from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 10th. The Goldman Sachs Group raised shares of Compagnie de Saint-Gobain to a "hold" rating in a research note on Tuesday, June 17th. Sanford C. Bernstein upgraded shares of Compagnie de Saint-Gobain to a "hold" rating in a research note on Tuesday, May 13th. Finally, Royal Bank Of Canada raised shares of Compagnie de Saint-Gobain to a "moderate buy" rating in a report on Tuesday, May 13th. Three investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Compagnie de Saint-Gobain Stock Performance

The company has a quick ratio of 0.92, a current ratio of 1.35 and a debt-to-equity ratio of 0.50. The stock's 50 day moving average is $22.29 and its 200 day moving average is $20.35.

Compagnie de Saint-Gobain Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 9th were paid a dividend of $0.3395 per share. This represents a dividend yield of 1.51%. This is a boost from Compagnie de Saint-Gobain's previous dividend of $0.33. The ex-dividend date was Friday, June 6th.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.