Carrefour (OTCMKTS:CRRFY) Stock Crosses Below 50-Day Moving Average of $3.13

Carrefour SA (OTCMKTS:CRRFY) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.13 and traded as low as $3.02. Carrefour shares last traded at $3.05, with a volume of 796,639 shares.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley lowered Carrefour from an “overweight” rating to an “equal weight” rating in a report on Thursday, April 25th.

Carrefour Stock Up 0.3 %

The company has a debt-to-equity ratio of 0.69, a current ratio of 0.93 and a quick ratio of 0.67. The company has a fifty day moving average price of $3.13 and a two-hundred day moving average price of $3.35.

Carrefour Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 21st. Shareholders of record on Wednesday, May 29th were given a dividend of $0.1872 per share. This is a boost from Carrefour’s previous dividend of $0.08. The ex-dividend date was Wednesday, May 29th.

Carrefour Company Profile

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.