Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) Stock Now Rated “Reduce” by Wall Street Analysts

Shares of Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) have earned an average rating of “Reduce” from the six analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company.

A number of equities research analysts have commented on the company. Zacks Research cut Colruyt from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. UBS Group lowered Colruyt from a “buy” rating to a “sell” rating in a research note on Monday. Royal Bank Of Canada began coverage on Colruyt in a research report on Monday, July 6th. They set a “hold” rating for the company. Finally, Oddo Bhf raised Colruyt to an “outperform” rating in a research note on Friday, June 12th.

Colruyt Stock Performance

CUYTY opened at $10.25 on Monday. 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 firm’s fifty day moving average is $11.08 and its 200 day moving average is $10.34. Colruyt has a fifty-two week low of $9.34 and a fifty-two week high of $11.52.

Colruyt Company Profile

Colruyt Group is a Belgian retail and wholesale company headquartered in Halle, Belgium. The group operates food and non-food stores under several banners, including Colruyt Lowest Prices, OKay, Bio-Planet and Cru. Its retail offering includes groceries, fresh food, household products and other everyday consumer goods, with an emphasis on value, private-label products and organic selections.

Through its wholesale and foodservice activities, Colruyt Group supplies independent retailers, professional customers and hospitality businesses.