Companhia Brasileira de Distribuição (NYSE:CBD)’s share price fell 6.8% on Thursday . The company traded as low as $15.30 and last traded at $15.38. 2,375,073 shares were traded during trading, an increase of 362% from the average session volume of 514,526 shares. The stock had previously closed at $16.51.
The firm has a market capitalization of $3.99 billion, a PE ratio of 34.02, a P/E/G ratio of 0.63 and a beta of 1.03. The business has a 50 day moving average price of $15.03 and a 200-day moving average price of $13.34. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 0.69.
Several hedge funds have recently modified their holdings of the company. Hsbc Holdings PLC raised its stake in shares of Companhia Brasileira de Distribuição by 7.8% during the 4th quarter. Hsbc Holdings PLC now owns 73,506 shares of the company’s stock worth $1,053,000 after buying an additional 5,341 shares in the last quarter. Virtu Financial LLC purchased a new position in Companhia Brasileira de Distribuição in the 4th quarter valued at approximately $209,000. JPMorgan Chase & Co. purchased a new position in Companhia Brasileira de Distribuição in the 4th quarter valued at approximately $408,000. Itau Unibanco Holding S.A. increased its stake in Companhia Brasileira de Distribuição by 8.7% in the 4th quarter. Itau Unibanco Holding S.A. now owns 945,662 shares of the company’s stock valued at $13,542,000 after purchasing an additional 76,007 shares in the last quarter. Finally, Morgan Stanley increased its stake in Companhia Brasileira de Distribuição by 120.3% in the 4th quarter. Morgan Stanley now owns 1,102,822 shares of the company’s stock valued at $15,792,000 after purchasing an additional 602,135 shares in the last quarter.
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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