Carrefour (OTCMKTS:CRRFY) Downgraded to “Strong Sell” Rating by BNP Paribas

Carrefour (OTCMKTS:CRRFY) was downgraded by equities research analysts at BNP Paribas from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports.

Carrefour Price Performance

Shares of CRRFY opened at $2.74 on Wednesday. The company has a quick ratio of 0.60, a current ratio of 0.85 and a debt-to-equity ratio of 0.68. The stock has a 50 day moving average of $2.88 and a 200 day moving average of $3.10. Carrefour has a 12 month low of $2.70 and a 12 month high of $3.75.

Carrefour Company Profile

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.