Compagnie de Saint-Gobain (OTCMKTS:CODYY) Reaches New 12-Month Low – Here’s Why

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY)’s share price hit a new 52-week low on Thursday . The company traded as low as $8.54 and last traded at $8.54, with a volume of 4531 shares traded. The stock had previously closed at $17.90.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Zacks Research downgraded Compagnie de Saint-Gobain from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada raised Compagnie de Saint-Gobain from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Compagnie de Saint-Gobain has a consensus rating of “Hold”.

Compagnie de Saint-Gobain Stock Down 2.1%

The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 0.49. The business’s fifty day simple moving average is $17.93 and its 200 day simple moving average is $18.59.

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.