Michelin (OTCMKTS:MGDDY) Sets New 52-Week High – Still a Buy?

Posted by Hanz Christensen on Feb 11th, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $20.00 and last traded at $20.00, with a volume of 73714 shares trading hands. The stock had previously closed at $19.42.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on MGDDY shares. Zacks Research upgraded Michelin from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Morgan Stanley reaffirmed an “equal weight” rating on shares of Michelin in a research note on Tuesday, December 2nd. Oddo Bhf lowered Michelin to a “neutral” rating in a research note on Tuesday, October 14th. Berenberg Bank initiated coverage on Michelin in a report on Tuesday, January 13th. They set a “hold” rating for the company. Finally, UBS Group downgraded shares of Michelin from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Get Our Latest Stock Report on MGDDY

Michelin Price Performance

The stock has a fifty day moving average of $17.38 and a 200-day moving average of $17.35. The company has a quick ratio of 1.12, a current ratio of 1.80 and a debt-to-equity ratio of 0.04.

About Michelin

(Get Free Report)

Michelin (OTCMKTS: MGDDY) is a French multinational tire manufacturer founded in 1889 and headquartered in Clermont-Ferrand, France. Over more than a century the company has grown into one of the world’s leading tiremakers, serving passenger car, truck, motorcycle, bicycle, agricultural, construction and aviation markets. Michelin has a global footprint with manufacturing facilities, research centers and commercial operations across multiple regions to supply OEMs, replacement markets and large commercial fleets.

The company’s core business is the design, manufacture and sale of tires and related products.