Compagnie de Saint-Gobain (OTCMKTS:CODYY) Shares Gap Up – Here’s What Happened

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $8.6550, but opened at $9.39. Compagnie de Saint-Gobain shares last traded at $9.39, with a volume of 10,307 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Zacks Research cut Compagnie de Saint-Gobain from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada raised Compagnie de Saint-Gobain from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Compagnie de Saint-Gobain presently has an average rating of “Hold”.

Compagnie de Saint-Gobain Trading Up 4.4%

The stock’s 50-day simple moving average is $14.94 and its two-hundred day simple moving average is $17.29. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.86 and a current ratio of 1.27.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.