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Should You Accumulate Companhia Brasileira de Distribuicao SA (CBD) Stock Thursday Morning?

Thursday, August 31, 2023 07:12 AM | InvestorsObserver Analysts

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Should You Accumulate Companhia Brasileira de Distribuicao SA (CBD) Stock Thursday Morning?

Companhia Brasileira de Distribuicao SA (CBD) is up 3.74% today.

Overall Score - 42
CBD has an Overall Score of 42. Find out what this means to you and get the rest of the rankings on CBD!
CBD stock closed at $1.07 and is up $0.04 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. CBD has a roughly average overall score of 42 meaning the stock holds a better value than 42% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. CBD gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Companhia Brasileira de Distribuicao SA currently has the 79th highest Short-Term Technical score in the Department Stores industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders.
Companhia Brasileira de Distribuicao SA's Overall and Short-Term Technical score paint a mixed picture for CBD's recent trading patterns and forecasted price. Click Here To Get The Full Report on Companhia Brasileira de Distribuicao SA (CBD)

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