Carrefour (OTCMKTS:CRRFY) Reaches New 52-Week Low at $2.77

Carrefour SA (OTCMKTS:CRRFY) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $2.77 and last traded at $2.78, with a volume of 1056383 shares. The stock had previously closed at $2.83.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley downgraded Carrefour from an “overweight” rating to an “equal weight” rating in a research note on Thursday, April 25th.

Carrefour Price Performance

The firm’s fifty day moving average is $3.35 and its two-hundred day moving average is $3.45. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.93 and a quick ratio of 0.67.

Carrefour Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 21st. Stockholders of record on Wednesday, May 29th were paid a $0.1872 dividend. This is a positive change from Carrefour’s previous dividend of $0.08. The ex-dividend date of this dividend was Wednesday, May 29th.

Carrefour Company Profile

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.