Compagnie de Saint-Gobain (OTCMKTS:CODYY) Stock Price Down 2.1% – Here’s What Happened

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY)’s share price fell 2.1% during mid-day trading on Friday . The company traded as low as $19.66 and last traded at $19.77. 192,053 shares were traded during trading, a decline of 9% from the average session volume of 210,277 shares. The stock had previously closed at $20.20.

Wall Street Analyst Weigh In

Separately, UBS Group downgraded Compagnie de Saint-Gobain from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Compagnie de Saint-Gobain Stock Performance

The stock’s fifty day simple moving average is $19.97 and its two-hundred day simple moving average is $20.94. The company has a current ratio of 1.31, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.