Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Lifted to “Strong-Buy” at Citigroup

Citigroup upgraded shares of Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) to a strong-buy rating in a research note published on Thursday, Zacks.com reports.

Separately, Jefferies Financial Group raised Compagnie Générale des Établissements Michelin Société en commandite par actions from an underperform rating to a hold rating in a research note on Thursday, July 25th.

Compagnie Générale des Établissements Michelin Société en commandite par actions Price Performance

Compagnie Générale des Établissements Michelin Société en commandite par actions stock opened at $20.67 on Thursday. Compagnie Générale des Établissements Michelin Société en commandite par actions has a one year low of $14.11 and a one year high of $20.86. The company’s fifty day moving average price is $19.53 and its two-hundred day moving average price is $19.45. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.82 and a quick ratio of 1.11.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

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.