Colruyt (OTCMKTS:CUYTY) Shares Gap Down – Here’s What Happened

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $9.6810, but opened at $9.30. Colruyt shares last traded at $9.35, with a volume of 300 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CUYTY shares. Barclays downgraded shares of Colruyt from an “equal weight” rating to a “strong sell” rating in a research report on Wednesday, November 26th. Zacks Research raised shares of Colruyt from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Colruyt has a consensus rating of “Reduce”.

Colruyt Stock Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 0.90 and a quick ratio of 0.57. The firm has a 50 day moving average price of $9.41 and a 200 day moving average price of $10.31.

Colruyt Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, October 7th were given a dividend of $0.2137 per share. The ex-dividend date was Monday, October 6th. This represents a yield of 191.0%.

Colruyt Company Profile

Colruyt Group N.V., together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, Luxembourg, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company provides groceries, fresh products, dry products, and frozen and non-food products; and operates CNG, hydrogen filling, and charging stations.