Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 755 shares, an increase of 331.4% from the September 30th total of 175 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 420 shares, the days-to-cover ratio is currently 1.8 days.
Colruyt Price Performance
OTCMKTS CUYTY opened at $10.37 on Friday. Colruyt has a 52-week low of $9.32 and a 52-week high of $11.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.57 and a current ratio of 0.87. The company’s fifty day moving average is $10.77 and its two-hundred day moving average is $10.08.
Analyst Upgrades and Downgrades
CUYTY has been the subject of several recent research reports. Royal Bank Of Canada started coverage on shares of Colruyt in a research report on Monday, July 6th. They issued a “hold” rating for the company. Zacks Research downgraded shares of Colruyt from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Finally, UBS Group lowered shares of Colruyt from a “buy” rating to a “sell” rating in a research note on Monday, October 5th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Colruyt presently has an average rating of “Reduce”.
Read Our Latest Research Report on Colruyt
About Colruyt
Colruyt Group NV is a Belgian retail and wholesale company best known for its Colruyt Lowest Prices supermarket chain. The group sells food, household products and other everyday consumer goods through a network of supermarkets and specialty stores, as well as through online channels. Its retail portfolio has also included the OKay and Bio-Planet supermarket formats and businesses focused on toys and baby products.
In addition to food retail, Colruyt Group operates wholesale and food-service activities, supplying independent retailers, professional customers and hospitality businesses.
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