Compagnie de Saint-Gobain (OTCMKTS:CODYY) Sets New 52-Week Low – Time to Sell?

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) shares reached a new 52-week low during trading on Thursday. The company traded as low as $7.4705 and last traded at $7.4705, with a volume of 31487 shares changing hands. The stock had previously closed at $7.86.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Compagnie de Saint-Gobain currently has a consensus rating of “Hold”.

Compagnie de Saint-Gobain Trading Down 3.8%

The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.86 and a current ratio of 1.27. The stock’s 50-day moving average is $8.84 and its 200-day moving average is $13.89.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products and services support building renovation, new construction and infrastructure projects, with a focus on energy efficiency, resource conservation and occupant comfort.

The company’s portfolio includes glass, insulation, gypsum and plasterboard, mortars, construction chemicals, roofing and interior finishing products. Saint-Gobain also operates building-materials distribution businesses and provides high-performance materials and solutions for industrial applications, including mobility and advanced manufacturing.

Founded in 1665 as a glass manufacturer, Saint-Gobain has developed into an international building-solutions group serving customers across Europe, North and South America, Asia-Pacific and other global markets.