Colruyt (OTCMKTS:CUYTY) Cut to “Hold” at Zacks Research

Colruyt (OTCMKTS:CUYTY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other equities analysts also recently weighed in on CUYTY. Sanford C. Bernstein assumed coverage on shares of Colruyt in a research note on Friday, May 15th. They issued a “market perform” rating on the stock. 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. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Colruyt has an average rating of “Hold”.

Colruyt Trading Down 2.5%

CUYTY stock opened at $10.82 on Monday. Colruyt has a 12-month low of $9.34 and a 12-month high of $11.43. The company has a current ratio of 0.87, a quick ratio of 0.57 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average of $10.60 and a two-hundred day moving average of $9.89.

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.