Carrefour (OTCMKTS:CRRFY) Hits New 12-Month Low - What's Next?

Carrefour logo with Retail/Wholesale background

Shares of Carrefour SA (OTCMKTS:CRRFY - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $2.70 and last traded at $2.77, with a volume of 310152 shares changing hands. The stock had previously closed at $2.84.

Analysts Set New Price Targets

Several research firms have commented on CRRFY. BNP Paribas lowered shares of Carrefour from a "hold" rating to a "strong sell" rating in a report on Wednesday, January 22nd. Hsbc Global Res lowered shares of Carrefour from a "strong-buy" rating to a "hold" rating in a report on Friday, January 31st.

View Our Latest Stock Analysis on CRRFY

Carrefour Stock Performance

The business's 50 day moving average price is $2.81 and its two-hundred day moving average price is $3.07. The company has a quick ratio of 0.60, a current ratio of 0.85 and a debt-to-equity ratio of 0.68.

Carrefour Company Profile

(Get Free Report)

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.

Further Reading

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