Companhia Brasileira de Distribuição (NYSE:CBD) Stock Crosses Above Two Hundred Day Moving Average of $12.96

Shares of Companhia Brasileira de Distribuição (NYSE:CBD) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.96 and traded as high as $14.60. Companhia Brasileira de Distribuição shares last traded at $14.31, with a volume of 263,123 shares trading hands.

The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 33.00, a PEG ratio of 0.63 and a beta of 1.03. The company has a fifty day moving average price of $14.10 and a 200-day moving average price of $12.99. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 0.69.

Companhia Brasileira de Distribuição (NYSE:CBD) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.02). The company had revenue of $3.96 billion during the quarter. Companhia Brasileira de Distribuição had a net margin of 0.68% and a return on equity of 3.36%. As a group, research analysts forecast that Companhia Brasileira de Distribuição will post 0.78 earnings per share for the current fiscal year.

Several hedge funds have recently modified their holdings of CBD. Nuveen Asset Management LLC acquired a new position in Companhia Brasileira de Distribuição in the 2nd quarter worth about $142,000. Royal London Asset Management Ltd. raised its holdings in Companhia Brasileira de Distribuição by 40.0% in the 3rd quarter. Royal London Asset Management Ltd. now owns 15,459 shares of the company’s stock worth $192,000 after purchasing an additional 4,419 shares during the period. Jane Street Group LLC acquired a new position in Companhia Brasileira de Distribuição in the 2nd quarter worth about $452,000. Massachusetts Financial Services Co. MA raised its holdings in Companhia Brasileira de Distribuição by 10.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 44,621 shares of the company’s stock worth $551,000 after purchasing an additional 4,169 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new position in Companhia Brasileira de Distribuição in the 2nd quarter worth about $1,281,000.

Companhia Brasileira de Distribuição Company Profile (NYSE:CBD)

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil. The company operates in Food Retail, and Cash and Carry segments. The Food Retail segment sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and other non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems.

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Author: CSN