Compagnie de Saint-Gobain (OTCMKTS:CODYY) Shares Down 0.5% - Here's Why

Key Points

• Compagnie de Saint-Gobain's stock price declined by 0.5% on Monday, with shares last trading at $21.31 and an increase in trading volume by 16% compared to average daily volumes.
• Analysts provided mixed ratings on the stock, with DZ Bank upgrading it to a "strong-buy," while Zacks Research downgraded it to a "hold," resulting in an overall average rating of "Moderate Buy."
• The company's operational structure includes five segments catered to various global markets, focusing on construction and industrial materials and solutions.

Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY - Get Free Report)'s share price dropped 0.5% on Monday . The company traded as low as $21.22 and last traded at $21.31. Approximately 335,207 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 288,880 shares. The stock had previously closed at $21.41.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CODYY shares. DZ Bank upgraded Compagnie de Saint-Gobain from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, August 8th. The Goldman Sachs Group raised shares of Compagnie de Saint-Gobain to a "hold" rating in a research note on Tuesday, June 17th. Finally, Zacks Research cut shares of Compagnie de Saint-Gobain from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 1st. Two investment analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Compagnie de Saint-Gobain Stock Performance

The firm's 50-day moving average is $22.32 and its 200 day moving average is $21.99. The company has a quick ratio of 0.87, a current ratio of 1.31 and a debt-to-equity ratio of 0.55.

Compagnie de Saint-Gobain Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.