Carrefour (OTCMKTS:CRRFY) Hits New 1-Year Low – Here’s Why

Carrefour SA (OTCMKTS:CRRFY)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $2.68 and last traded at $2.68, with a volume of 500626 shares trading hands. The stock had previously closed at $2.82.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. BNP Paribas lowered shares of Carrefour from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 22nd. Hsbc Global Res lowered shares of Carrefour from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st.

Carrefour Stock Down 0.8 %

The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60. The company’s 50 day simple moving average is $2.79 and its 200 day simple moving average is $3.06.

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.