Hermès International Société en commandite par actions (OTCMKTS:HESAF) Shares Pass Below Fifty Day Moving Average – Here’s Why

Hermès International Société en commandite par actions (OTCMKTS:HESAF)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2,704.09 and traded as low as $2,600.00. Hermès International Société en commandite par actions shares last traded at $2,625.50, with a volume of 69 shares traded.

Hermès International Société en commandite par actions Trading Down 2.7%

The stock’s 50-day simple moving average is $2,707.96 and its 200-day simple moving average is $2,643.54.

Hermès International Société en commandite par actions Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 7th. Shareholders of record on Tuesday, May 6th were given a dividend of $10.00 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a dividend yield of 0.57%. Hermès International Société en commandite par actions’s payout ratio is presently 34.46%.

Hermès International Société en commandite par actions Company Profile

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.