Carrefour SA (OTCMKTS:CRRFY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 11,800 shares, a growth of 202.6% from the December 15th total of 3,900 shares. Based on an average daily volume of 232,900 shares, the days-to-cover ratio is currently 0.1 days.
CRRFY has been the topic of a number of research reports. Zacks Investment Research upgraded Carrefour from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a research report on Tuesday, December 14th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Carrefour in a research report on Thursday, November 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $4.00.
CRRFY traded down $0.04 during trading hours on Friday, hitting $4.05. The company’s stock had a trading volume of 64,000 shares, compared to its average volume of 129,182. Carrefour has a fifty-two week low of $3.31 and a fifty-two week high of $4.39. The company has a quick ratio of 0.50, a current ratio of 0.79 and a debt-to-equity ratio of 0.70. The company has a 50-day simple moving average of $3.62 and a 200 day simple moving average of $3.70.
Carrefour SA engages in the provision of supermarkets and retail stores. Its activities include operation and management of hypermarkets; supermarkets; convenience stores; cash and carry stores; and both food and non-food e-commerce websites. The company was founded on July 11, 1959 and is headquartered in Boulogne-Billancourt, France.
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