Carrefour (OTCMKTS:CRRFY) Downgraded to “Equal Weight” at Morgan Stanley

Carrefour (OTCMKTS:CRRFY) was downgraded by stock analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Thursday, MarketBeat.com reports.

Carrefour Stock Performance

CRRFY stock opened at $3.45 on Thursday. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.93 and a quick ratio of 0.67. The stock has a 50-day moving average price of $3.46 and a two-hundred day moving average price of $3.54. Carrefour has a 12-month low of $3.18 and a 12-month high of $4.21.

About Carrefour

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.