Compagnie de Saint-Gobain (OTCMKTS:CODYY) Shares Gap Down - Should You Sell?

Key Points

• Compagnie de Saint-Gobain shares gapped down from a previous close of $22.18 to open at $21.51 before trading at $21.42.
• Analysts have mixed opinions on the stock, with DZ Bank shifting its rating to "strong-buy", while Zacks cut its rating to "hold".
• The company holds a consensus rating of "Moderate Buy", with two analysts recommending a strong buy and four suggesting a hold.

Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $22.18, but opened at $21.51. Compagnie de Saint-Gobain shares last traded at $21.42, with a volume of 4,596 shares.

Analysts Set New Price Targets

Several research firms have commented on CODYY. DZ Bank raised Compagnie de Saint-Gobain from a "strong sell" rating to a "strong-buy" rating in a report on Friday, August 8th. The Goldman Sachs Group upgraded 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 analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, Compagnie de Saint-Gobain currently has a consensus rating of "Moderate Buy".

Compagnie de Saint-Gobain Trading Down 3.6%

The company has a current ratio of 1.31, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55. The firm has a fifty day moving average of $22.15 and a 200 day moving average of $21.99.

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.