Colruyt (CUYTY) Rating Increased to Hold at Zacks Investment Research
Colruyt (OTCMKTS:CUYTY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.
According to Zacks, “Colruyt SA engages in the retail and distribution of food and non-food products as well as fuels. Its operating segment includes Retail, Wholesale and Food Service, and Other Activities. Retail segment includes stores under the management that directly supplies retail customers and bulk consumers. Wholesale and Food Service segment supplies wholesalers, bulk customers, and affiliated independent merchants. Other Activities segment includes businesses such as filling stations, printing and document management and alternative energy. Colruyt SA is headquartered in Halle, Belgium. “
Shares of Colruyt (OTCMKTS:CUYTY) traded down $0.07 during trading on Tuesday, hitting $13.36. 220 shares of the company were exchanged, compared to its average volume of 919. The company has a quick ratio of 0.59, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. Colruyt has a 1-year low of $11.70 and a 1-year high of $14.41.
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Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally. It operates through two segments, Retail, and Wholesale and Foodservice segments. The company operates food retail store network that includes 237 Colruyt stores, 129 OKay stores, 24 Bio- Planet stores, and 3 Cru stores, as well as 43 Dreamland stores and 24 Dreambaby stores in Belgium.
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