BNP Paribas lowered shares of Carrefour (OTCMKTS:CRRFY - Free Report) from a hold rating to a strong sell rating in a report issued on Wednesday morning,Zacks.com reports.
Carrefour Trading Up 1.8 %
OTCMKTS CRRFY traded up $0.05 during trading hours on Wednesday, reaching $2.79. 458,686 shares of the stock traded hands, compared to its average volume of 1,036,232. The stock has a 50 day simple moving average of $2.88 and a two-hundred day simple moving average of $3.10. Carrefour has a 1 year low of $2.70 and a 1 year high of $3.75. The company has a current ratio of 0.85, a quick ratio of 0.60 and a debt-to-equity ratio of 0.68.
About Carrefour
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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.
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