Carrefour (OTCMKTS:CRRFY) Hits New 1-Year Low – Here’s What Happened

Carrefour SA (OTCMKTS:CRRFY) reached a new 52-week low on Wednesday . The company traded as low as $2.71 and last traded at $2.72, with a volume of 800520 shares. The stock had previously closed at $2.81.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas cut Carrefour from a “hold” rating to a “strong sell” rating in a research note on Wednesday.

Carrefour Stock Up 1.8 %

The firm has a 50-day simple moving average of $2.87 and a 200 day simple moving average of $3.10. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60.

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.