Carrefour (OTCMKTS:CRRFY) Lowered to Equal Weight at Morgan Stanley

Morgan Stanley cut shares of Carrefour (OTCMKTS:CRRFY) from an overweight rating to an equal weight rating in a research report released on Thursday morning, Marketbeat reports.

Carrefour Trading Down 1.4 %

CRRFY opened at $3.42 on Thursday. The business’s 50-day moving average price is $3.46 and its 200-day moving average price is $3.54. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. Carrefour has a 12 month low of $3.18 and a 12 month high of $4.21.

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.