Carrefour (OTCMKTS:CRRFY) Downgraded by BNP Paribas to Strong Sell

BNP Paribas cut shares of Carrefour (OTCMKTS:CRRFYFree Report) from a hold rating to a strong sell rating in a research note released on Wednesday,Zacks.com reports.

Carrefour Price Performance

Carrefour stock opened at $2.74 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85. Carrefour has a 1 year low of $2.70 and a 1 year high of $3.75. The company’s 50-day moving average is $2.88 and its two-hundred day moving average is $3.10.

About Carrefour

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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.

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