Compagnie de Saint-Gobain (OTCMKTS:CODYY) Shares Gap Down – Should You Sell?

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $21.03, but opened at $20.33. Compagnie de Saint-Gobain shares last traded at $20.41, with a volume of 26,800 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Compagnie de Saint-Gobain from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Compagnie de Saint-Gobain Stock Performance

The company’s fifty day moving average is $19.85 and its 200 day moving average is $21.56. The company has a current ratio of 1.31, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55.

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.