Colruyt (OTCMKTS:CUYTY) Hits New 1-Year High – Should You Buy?

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) shares reached a new 52-week high during trading on Thursday . The company traded as high as $11.07 and last traded at $11.07, with a volume of 345 shares trading hands. The stock had previously closed at $10.87.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CUYTY shares. Sanford C. Bernstein assumed coverage on shares of Colruyt in a research report on Friday, May 15th. They set a “market perform” rating on the stock. Zacks Research raised Colruyt from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Royal Bank Of Canada initiated coverage on shares of Colruyt in a research report on Monday, July 6th. They issued a “hold” rating on the stock. Finally, Oddo Bhf raised Colruyt to an “outperform” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.

Colruyt Stock Up 1.8%

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 business’s 50-day simple moving average is $10.22 and its 200-day simple moving average is $9.73.

About Colruyt

Colruyt Group is a Belgium-based retail and wholesale company known for its range of food and non-food products. Founded in 1928 by Franz Colruyt, the company has developed a reputation for competitive pricing and operational efficiency. It operates a network of branded supermarkets and hypermarkets under the Colruyt name, catering to both household shoppers and business clients.

In addition to its core supermarket operations, Colruyt Group manages several specialized retail formats and services.