Carrefour (OTCMKTS:CRRFY) Downgraded by Morgan Stanley to Equal Weight

Carrefour (OTCMKTS:CRRFY) was downgraded by equities research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Thursday, Briefing.com reports.

Carrefour Stock Performance

Shares of Carrefour stock opened at $3.47 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.67 and a current ratio of 0.93. Carrefour has a fifty-two week low of $3.18 and a fifty-two week high of $4.21. The business has a fifty day simple moving average of $3.45 and a 200-day simple moving average of $3.54.

About Carrefour

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.