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Should You Buy Carrefour S A F Sponsored France ADR (CRRFY) Stock on Wednesday?

Wednesday, February 15, 2023 03:56 PM | InvestorsObserver Analysts

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Should You Buy Carrefour S A F Sponsored France ADR (CRRFY) Stock on Wednesday?

Carrefour S A F Sponsored France ADR (CRRFY) stock is higher by 6.67% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,neutral
Carrefour S A F Sponsored France ADR has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on CRRFY!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CRRFY Stock Today?

Carrefour S A F Sponsored France ADR (CRRFY) stock is trading at $3.84 as of 3:34 PM on Wednesday, Feb 15, a rise of $0.26, or 7.26% from the previous closing price of $3.58. The stock has traded between $3.78 and $3.85 so far today. Volume today is 152,893 compared to average volume of 192,174. To see InvestorsObserver's Sentiment Score for Carrefour S A F Sponsored France ADR click here.

More About Carrefour S A F Sponsored France ADR

Carrefour is a multiformat retailer with operations in more than 30 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and 320,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. Approximately 70% of sales are generated in Europe, and the rest in Latin America (27%), and Asia (3%). Click Here to get the full Stock Report for Carrefour S A F Sponsored France ADR stock.

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