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Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Trading Down 0.8% - Here's What Happened

Compagnie Générale des Établissements Michelin Société en commandite par actions logo with Auto/Tires/Trucks background

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY - Get Free Report)'s share price fell 0.8% during mid-day trading on Friday . The company traded as low as $19.02 and last traded at $19.11. 781,270 shares were traded during mid-day trading, an increase of 14% from the average session volume of 686,321 shares. The stock had previously closed at $19.26.

Analyst Ratings Changes

Separately, Hsbc Global Res raised Compagnie Générale des Établissements Michelin Société en commandite par actions from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 28th.

Get Our Latest Research Report on MGDDY

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Up 0.2%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.11 and a current ratio of 1.82. The company has a 50 day moving average price of $17.97 and a 200 day moving average price of $17.40.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

(Get Free Report)

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.

Further Reading

Should You Invest $1,000 in Compagnie Générale des Établissements Michelin Société en commandite par actions Right Now?

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