Carrefour (EPA:CA) Trading Down 1.6% – What’s Next?

Carrefour SA (EPA:CAGet Free Report)’s share price dropped 1.6% during trading on Wednesday . The company traded as low as €14.09 ($14.83) and last traded at €14.19 ($14.94). Approximately 1,753,947 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 3,450,000 shares. The stock had previously closed at €14.42 ($15.17).

Carrefour Stock Performance

The company’s fifty day simple moving average is €14.75 and its two-hundred day simple moving average is €14.59.

Carrefour Company Profile

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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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