Companhia Brasileira de Distribuição (NYSE:CBD – Get Rating)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.87 and traded as high as $4.13. Companhia Brasileira de Distribuição shares last traded at $4.09, with a volume of 705,897 shares trading hands.
Analyst Ratings Changes
CBD has been the topic of several research reports. JPMorgan Chase & Co. downgraded shares of Companhia Brasileira de Distribuição from an “overweight” rating to a “neutral” rating in a report on Monday, July 25th. StockNews.com upgraded shares of Companhia Brasileira de Distribuição from a “hold” rating to a “buy” rating in a report on Wednesday, October 5th.
Companhia Brasileira de Distribuição Stock Performance
The company has a debt-to-equity ratio of 0.34, a current ratio of 1.06 and a quick ratio of 0.69. The company’s fifty day simple moving average is $3.89 and its 200 day simple moving average is $3.86.
Companhia Brasileira de Distribuição (NYSE:CBD – Get Rating) last released its quarterly earnings results on Wednesday, July 27th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.09). Companhia Brasileira de Distribuição had a net margin of 4.01% and a return on equity of 3.11%. The business had revenue of $2.06 billion during the quarter. On average, analysts predict that …
