StockNews.com began coverage on shares of Companhia Brasileira De Distribuicao (NYSE:CBD – Free Report) in a research note published on Wednesday. The firm issued a hold rating on the stock.
Companhia Brasileira De Distribuicao Trading Up 5.1 %
CBD opened at $0.76 on Wednesday. The business has a fifty day moving average of $0.81 and a 200 day moving average of $2.70. Companhia Brasileira De Distribuicao has a 52-week low of $0.58 and a 52-week high of $4.76. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.49 and a current ratio of 1.32.
Hedge Funds Weigh In On Companhia Brasileira De Distribuicao
A number of large investors have recently bought and sold shares of CBD. Mirae Asset Global Investments Co. Ltd. bought a new stake in Companhia Brasileira De Distribuicao during the 1st quarter valued at $34,000. Millennium Management LLC bought a new stake in Companhia Brasileira De Distribuicao during the 4th quarter valued at $35,000. Eqis Capital Management Inc. bought a new stake in Companhia Brasileira De Distribuicao during the 2nd quarter valued at $47,000. Northern Trust Corp bought a new stake in Companhia Brasileira De Distribuicao during the 2nd quarter valued at $54,000. Finally, Citigroup Inc. raised its position in Companhia Brasileira De Distribuicao by 80.3% during the 1st quarter. Citigroup Inc. now owns 18,998 shares of the company’s stock valued at $56,000 after purchasing an additional 8,459 shares in the last quarter. Hedge…
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