Carrefour (OTCMKTS:CRRFY) Downgraded by Morgan Stanley

Morgan Stanley downgraded shares of Carrefour (OTCMKTS:CRRFY) from an overweight rating to an equal weight rating in a research report released on Thursday, MarketBeat.com reports.

Carrefour Price Performance

Shares of CRRFY opened at $3.45 on Thursday. Carrefour has a 1-year low of $3.18 and a 1-year high of $4.21. The firm has a 50-day simple moving average of $3.46 and a two-hundred day simple moving average of $3.54. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69.

About Carrefour

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.