Shares of COLRUYT SA/ADR (OTCMKTS:CUYTY) shot up 6.7% during mid-day trading on Thursday . The company traded as high as $13.39 and last traded at $13.39, 100 shares traded hands during trading. A decline of 86% from the average session volume of 727 shares. The stock had previously closed at $12.55.
A number of research firms have issued reports on CUYTY. ValuEngine downgraded COLRUYT SA/ADR from a “hold” rating to a “sell” rating in a research note on Friday, July 12th. Zacks Investment Research downgraded COLRUYT SA/ADR from a “hold” rating to a “sell” rating in a research note on Friday, August 16th.
The company’s 50-day simple moving average is $12.80 and its 200 day simple moving average is $16.15. The stock has a market cap of $8.04 billion, a P/E ratio of 16.53, a PEG ratio of 7.58 and a beta of -0.36.
Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company operates food retail store network that includes 239 Colruyt stores, 135 OKay stores, 27 Bio- Planet stores, and 3 Cru stores, as well as 43 Dreamland stores in Belgium and 2 in France.
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