Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY - Get Free Report) shot up 2.1% during mid-day trading on Monday . The stock traded as high as $16.64 and last traded at $16.43. 252,847 shares were traded during mid-day trading, an increase of 26% from the average session volume of 201,282 shares. The stock had previously closed at $16.09.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the stock. Citigroup upgraded shares of Compagnie Générale des Établissements Michelin Société en commandite par actions to a "strong-buy" rating in a report on Thursday, September 26th. HSBC downgraded Compagnie Générale des Établissements Michelin Société en commandite par actions from a "buy" rating to a "hold" rating in a report on Thursday, October 24th.
Get Our Latest Analysis on MGDDY
Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Performance
The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.11 and a current ratio of 1.82. The business's 50 day moving average is $16.56 and its two-hundred day moving average is $18.27.
Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile
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Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.
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