StockNews.com began coverage on shares of Companhia Brasileira De Distribuicao (NYSE:CBD – Free Report) in a research report report published on Tuesday morning. The brokerage issued a hold rating on the stock.
Companhia Brasileira De Distribuicao Stock Up 6.2 %
Companhia Brasileira De Distribuicao stock opened at $0.65 on Tuesday. Companhia Brasileira De Distribuicao has a twelve month low of $0.58 and a twelve month high of $4.76. The stock has a 50 day moving average of $1.21 and a two-hundred day moving average of $2.80. The company has a quick ratio of 1.49, a current ratio of 1.60 and a debt-to-equity ratio of 0.33.
Companhia Brasileira De Distribuicao (NYSE:CBD – Get Free Report) last posted its quarterly earnings data on Thursday, July 27th. The company reported ($0.19) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.19). The company had revenue of $951.69 million for the quarter. As a group, research analysts expect that Companhia Brasileira De Distribuicao will post -0.64 EPS for the current fiscal year.
Institutional Trading of Companhia Brasileira De Distribuicao
A number of hedge funds have recently added to or reduced their stakes in CBD. American Century Companies Inc. lifted its position in Companhia Brasileira De Distribuicao by 24.2% during the 1st quarter. American Century Companies Inc. now owns 94,451 shares of the company’s stock worth $476,000 after acquiring an…
