Colruyt (OTCMKTS:CUYTY) Reaches New 1-Year High – Still a Buy?

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $10.87 and last traded at $10.87, with a volume of 1127 shares trading hands. The stock had previously closed at $10.8332.

Analyst Upgrades and Downgrades

CUYTY has been the subject of several recent analyst reports. Oddo Bhf raised shares of Colruyt to an “outperform” rating in a report on Friday, June 12th. Zacks Research upgraded shares of Colruyt from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Sanford C. Bernstein began coverage on shares of Colruyt in a research report on Friday, May 15th. They set a “market perform” rating on the stock. Finally, Royal Bank Of Canada began coverage on Colruyt in a research note on Monday, July 6th. They issued a “hold” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Colruyt Trading Up 0.5%

The company has a 50-day moving average of $10.10 and a 200-day moving average of $9.68. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.57 and a current ratio of 0.87.

About Colruyt

Colruyt Group is a Belgium-based retail and wholesale company known for its range of food and non-food products. Founded in 1928 by Franz Colruyt, the company has developed a reputation for competitive pricing and operational efficiency. It operates a network of branded supermarkets and hypermarkets under the Colruyt name, catering to both household shoppers and business clients.

In addition to its core supermarket operations, Colruyt Group manages several specialized retail formats and services.