Carrefour SA (OTCMKTS:CRRFY – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 41,147 shares, a drop of 70.5% from the July 15th total of 139,312 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 444,019 shares, the short-interest ratio is presently 0.1 days.
Carrefour Price Performance
CRRFY stock opened at $3.64 on Thursday. Carrefour has a 52-week low of $2.85 and a 52-week high of $4.13. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.87 and a quick ratio of 0.63. The company’s 50-day simple moving average is $3.68 and its 200-day simple moving average is $3.72.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. UBS Group raised Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Oddo Bhf raised shares of Carrefour to a “neutral” rating in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada initiated coverage on shares of Carrefour in a report on Monday, July 6th. They set a “moderate buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
Carrefour Company Profile
Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.
Carrefour’s core business activities revolve around food retailing, non-food products and services.
Featured Stories
- Five stocks we like better than Carrefour
- Roku’s Ad Business Is Growing—These 3 Stocks Could Be Next
- Cleared for Takeoff: Archer Aviation Changes the Math on eVTOL
- Voyager Technologies: Space Force Deal Fuels Growth Despite Heavy Cash Burn
- Franco-Nevada Earnings: Gold Is Rallying, But Does the Stock Even Care?
Receive News & Ratings for Carrefour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrefour and related companies with MarketBeat.com's FREE daily email newsletter.
