Compagnie de Saint-Gobain (OTCMKTS:CODYY) Reaches New 1-Year Low – Here’s What Happened

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY)’s stock price hit a new 52-week low during trading on Wednesday. The company traded as low as $7.23 and last traded at $7.2420, with a volume of 16594 shares. The stock had previously closed at $7.41.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Compagnie de Saint-Gobain Stock Down 3.2%

The stock has a fifty day simple moving average of $8.75 and a two-hundred day simple moving average of $13.64.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products and services support building renovation, new construction and infrastructure projects, with a focus on energy efficiency, resource conservation and occupant comfort.

The company’s portfolio includes glass, insulation, gypsum and plasterboard, mortars, construction chemicals, roofing and interior finishing products. Saint-Gobain also operates building-materials distribution businesses and provides high-performance materials and solutions for industrial applications, including mobility and advanced manufacturing.

Founded in 1665 as a glass manufacturer, Saint-Gobain has developed into an international building-solutions group serving customers across Europe, North and South America, Asia-Pacific and other global markets.