Colruyt (OTCMKTS:CUYTY) Reaches New 1-Year Low – Here’s What Happened

Shares of Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $9.13 and last traded at $9.18, with a volume of 818 shares. The stock had previously closed at $9.46.

Analyst Ratings Changes

Separately, Zacks Research upgraded Colruyt from a “strong sell” rating to a “hold” rating in a research report on Friday, October 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Colruyt Price Performance

The firm’s 50-day moving average is $9.86 and its two-hundred day moving average is $10.39. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.57 and a current ratio of 0.90.

Colruyt Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, October 7th were issued a dividend of $0.2137 per share. The ex-dividend date of this dividend was Monday, October 6th. This represents a dividend yield of 191.0%.

About Colruyt

Colruyt Group N.V., together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, Luxembourg, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company provides groceries, fresh products, dry products, and frozen and non-food products; and operates CNG, hydrogen filling, and charging stations.