Compagnie de Saint-Gobain (OTCMKTS:CODYY) Stock Price Down 2.1% – Here’s What Happened

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY)’s stock price traded down 2.1% during mid-day trading on Friday . The company traded as low as $19.66 and last traded at $19.77. 192,053 shares were traded during trading, a decline of 9% from the average session volume of 210,277 shares. The stock had previously closed at $20.20.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut shares of Compagnie de Saint-Gobain from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Compagnie de Saint-Gobain Price Performance

The company has a debt-to-equity ratio of 0.55, a current ratio of 1.31 and a quick ratio of 0.87. The business has a 50 day moving average price of $19.97 and a two-hundred day moving average price of $20.93.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.