Carrefour (OTCMKTS:CRRFY) Hits New 12-Month Low – Here’s Why

Shares of Carrefour SA (OTCMKTS:CRRFY) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $2.71 and last traded at $2.72, with a volume of 800520 shares trading hands. The stock had previously closed at $2.81.

Analyst Ratings Changes

Separately, BNP Paribas downgraded Carrefour from a “hold” rating to a “strong sell” rating in a research report on Wednesday.

Carrefour Trading Up 1.8 %

The stock has a 50-day moving average of $2.87 and a 200 day moving average of $3.10. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60.

About Carrefour

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.