Citigroup Upgrades Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) to “Strong-Buy”

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) was upgraded by research analysts at Citigroup to a “strong-buy” rating in a report issued on Thursday, Zacks.com reports.

Separately, Jefferies Financial Group raised shares of Compagnie Générale des Établissements Michelin Société en commandite par actions from an “underperform” rating to a “hold” rating in a research report on Thursday, July 25th.

Compagnie Générale des Établissements Michelin Société en commandite par actions Price Performance

Shares of OTCMKTS MGDDY opened at $20.67 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.82 and a debt-to-equity ratio of 0.04. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 12 month low of $14.11 and a 12 month high of $20.86. The business has a fifty day simple moving average of $19.53 and a 200-day simple moving average of $19.44.

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.