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

Carrefour logo with Retail/Wholesale background

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as $2.68 and last traded at $2.68, with a volume of 500626 shares changing hands. The stock had previously closed at $2.82.

Analyst Ratings Changes

A number of brokerages have weighed in on CRRFY. BNP Paribas lowered Carrefour from a "hold" rating to a "strong sell" rating in a research report on Wednesday, January 22nd. Citigroup reaffirmed a "buy" rating on shares of Carrefour in a research report on Tuesday, February 4th. Finally, Hsbc Global Res lowered Carrefour from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 31st.

Get Our Latest Analysis on CRRFY

Carrefour Price Performance

The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60. The company has a 50-day moving average price of $2.79 and a 200 day moving average price of $3.06.

About Carrefour

(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.

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