Jefferies Financial Group Upgrades Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) to “Hold”

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) was upgraded by equities researchers at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a research note issued to investors on Thursday, Briefing.com reports.

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

MGDDY stock traded up $0.07 during midday trading on Thursday, hitting $18.73. 90,179 shares of the stock were exchanged, compared to its average volume of 114,566. The stock’s 50-day moving average price is $19.54 and its 200-day moving average price is $18.74. Compagnie Générale des Établissements Michelin Société en commandite par actions has a fifty-two week low of $14.11 and a fifty-two week high of $20.82.

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.