CTT Correios de Portugal (OTCMKTS:CTTPY) Hits New 1-Year Low – Time to Sell?

CTT Correios de Portugal, S.A. Unsponsored ADR (OTCMKTS:CTTPYGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $15.90 and last traded at $15.90, with a volume of 1000 shares. The stock had previously closed at $15.90.

CTT Correios de Portugal Stock Performance

The firm’s 50-day moving average price is $16.22 and its two-hundred day moving average price is $16.23. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 19.39 and a beta of -0.05.

CTT Correios de Portugal Company Profile

(Get Free Report)

CTT – Correios de Portugal, SA is the national postal operator of Portugal, providing a comprehensive range of mail, parcel and logistics services. Headquartered in Lisbon, the company traces its origins to the Royal House of Manuel I in 1520, making it one of the oldest postal institutions in Europe. In its modern form as a publicly traded Sociedade Anónima, CTT has expanded beyond traditional mail delivery to embrace express courier, freight and supply-chain solutions.

In addition to its core postal operations, CTT offers financial and insurance services through its Banco CTT subsidiary.

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