Compagnie de Saint-Gobain (OTCMKTS:CODYY) Trading Down 4.5% - What's Next?

Key Points

• Compagnie de Saint-Gobain's share price fell by 4.5%, trading at approximately $22.02, with trading volume rising 41% above its average.
• Analysts have varying ratings for the stock, with some upgrading it to a "moderate buy" or "strong buy", resulting in a consensus rating of "Moderate Buy."
• The company recently increased its dividend to $0.3395, marking a boost from the previous dividend of $0.33, which represents an impressive yield of 151.0%.

Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY - Get Free Report)'s share price dropped 4.5% on Monday . The company traded as low as $21.95 and last traded at $22.02. Approximately 300,575 shares were traded during mid-day trading, an increase of 41% from the average daily volume of 212,959 shares. The stock had previously closed at $23.05.

Analysts Set New Price Targets

Several brokerages have commented on CODYY. Royal Bank Of Canada raised shares of Compagnie de Saint-Gobain to a "moderate buy" rating in a report on Tuesday, May 13th. The Goldman Sachs Group raised shares of Compagnie de Saint-Gobain to a "hold" rating in a report on Tuesday, June 17th. Sanford C. Bernstein raised shares of Compagnie de Saint-Gobain to a "hold" rating in a report on Tuesday, May 13th. Finally, DZ Bank raised shares of Compagnie de Saint-Gobain from a "strong sell" rating to a "strong-buy" rating in a report on Friday, August 8th. Two analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Compagnie de Saint-Gobain has a consensus rating of "Moderate Buy".

Compagnie de Saint-Gobain Stock Down 4.5%

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.35 and a quick ratio of 0.92. The firm's 50 day simple moving average is $22.95 and its two-hundred day simple moving average is $21.79.

Compagnie de Saint-Gobain Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 9th were paid a $0.3395 dividend. This is a boost from Compagnie de Saint-Gobain's previous dividend of $0.33. This represents a yield of 151.0%. The ex-dividend date of this dividend was Friday, June 6th.

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.

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