Morgan Stanley Downgrades Carrefour (OTCMKTS:CRRFY) to Equal Weight

Morgan Stanley cut shares of Carrefour (OTCMKTS:CRRFY) from an overweight rating to an equal weight rating in a report released on Thursday morning, Marketbeat reports.

Carrefour Stock Up 0.9 %

Shares of OTCMKTS CRRFY opened at $3.45 on Thursday. Carrefour has a one year low of $3.18 and a one year high of $4.21. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.67 and a current ratio of 0.93. The business has a 50-day moving average price of $3.46 and a two-hundred day moving average price of $3.54.

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.