Carrefour (CRRFY) Cut to Sell at Zacks Investment Research

Carrefour (OTCMKTS:CRRFY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Friday.

According to Zacks, “Carrefour S.A. operates hypermarkets, supermarkets, convenience stores and cash and carry stores in Europe, the Americas and Asia. Carrefour S.A. is headquartered in Boulogne-Billancourt, France. “

Carrefour (CRRFY) opened at $4.55 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.44 and a debt-to-equity ratio of 0.58. Carrefour has a 1-year low of $3.79 and a 1-year high of $5.36.

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About Carrefour

Carrefour SA operates as a multi-local, multi-format, multi-channel retailer primarily in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce Websites, as well as m-commerce channels; and service stations.

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