Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Stock Price Down 0.7% – Should You Sell?

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) shares were down 0.7% during mid-day trading on Friday . The company traded as low as $17.37 and last traded at $17.39. Approximately 1,009,828 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 1,366,933 shares. The stock had previously closed at $17.51.

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

The business has a 50 day simple moving average of $16.87 and a 200-day simple moving average of $17.78. The company has a quick ratio of 1.11, a current ratio of 1.82 and a debt-to-equity ratio of 0.04.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

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.