Colruyt (OTCMKTS:CUYTY) Hits New 1-Year High – Still a Buy?

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $11.5150 and last traded at $11.5150, with a volume of 1179 shares traded. The stock had previously closed at $11.2250.

Analyst Upgrades and Downgrades

CUYTY has been the subject of a number of research reports. Royal Bank Of Canada assumed coverage on shares of Colruyt in a report on Monday, July 6th. They issued a “hold” rating for the company. Oddo Bhf upgraded shares of Colruyt to an “outperform” rating in a report on Friday, June 12th. Zacks Research lowered shares of Colruyt from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Finally, Sanford C. Bernstein began coverage on shares of Colruyt in a research report on Friday, May 15th. They issued a “market perform” rating for the company. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Colruyt Stock Performance

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 fifty day simple moving average of $10.78 and a two-hundred day simple moving average of $9.98.

Colruyt Company Profile

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.