Stock analysts at Berenberg Bank began coverage on shares of Michelin (OTCMKTS:MGDDY) in a research note issued on Tuesday. The brokerage set a “sell” rating on the stock.

Michelin (OTCMKTS:MGDDY) traded up 0.718% on Tuesday, reaching $21.322. The company’s stock had a trading volume of 8,931 shares. The stock has a market capitalization of $19.24 billion, a P/E ratio of 14.795 and a beta of 1.20. The firm has a 50 day moving average price of $21.29 and a 200 day moving average price of $20.69. Michelin has a 52 week low of $16.88 and a 52 week high of $22.40.

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