COMPAGNIE FINAN/ADR (OTCMKTS:CFRUY) Shares Pass Below Fifty Day Moving Average of $6.71

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COMPAGNIE FINAN/ADR (OTCMKTS:CFRUY) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.71 and traded as low as $5.37. COMPAGNIE FINAN/ADR shares last traded at $5.53, with a volume of 1,311,578 shares.

CFRUY has been the topic of a number of research reports. Deutsche Bank reissued a “hold” rating on shares of COMPAGNIE FINAN/ADR in a research note on Thursday, March 12th. Morgan Stanley reissued an “equal weight” rating on shares of COMPAGNIE FINAN/ADR in a research note on Thursday, March 12th.

The company’s 50-day moving average price is $6.67 and its 200 day moving average price is $7.35.

About COMPAGNIE FINAN/ADR (OTCMKTS:CFRUY)

Compagnie Financière Richemont SA engages in the luxury goods business in Europe, the Asia Pacific, the Americas, the Middle East, and Africa. It operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. The company designs, manufactures, and distributes jewelry products; and precision timepieces, watches, writing instruments, and accessories, as well as clothing and leather goods.

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