Hennes & Mauritz (OTCMKTS:HNNMY) Reaches New 1-Year High – What’s Next?

Shares of Hennes & Mauritz AB (OTCMKTS:HNNMY) reached a new 52-week high during trading on Thursday . The company traded as high as $3.98 and last traded at $3.98, with a volume of 10626 shares trading hands. The stock had previously closed at $3.85.

Analyst Ratings Changes

A number of research firms have weighed in on HNNMY. Citigroup raised shares of Hennes & Mauritz from a “sell” rating to a “hold” rating in a research note on Thursday, December 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Hennes & Mauritz in a research note on Wednesday, September 3rd. Finally, Oddo Bhf raised Hennes & Mauritz to a “neutral” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Hennes & Mauritz has an average rating of “Hold”.

Hennes & Mauritz Stock Performance

The company has a current ratio of 1.00, a quick ratio of 0.46 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $28.03 billion, a PE ratio of 28.39 and a beta of 1.20. The firm’s fifty day moving average is $3.69 and its 200-day moving average is $3.22.

Hennes & Mauritz (OTCMKTS:HNNMY) last posted its quarterly earnings data on Thursday, September 25th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Hennes & Mauritz had a net margin of 4.80% and a return on equity of 26.34%. The firm had revenue of $5.96 billion during the quarter, compared to analysts’ expectations of $56.77 billion. As a group, research analysts anticipate that Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

Hennes & Mauritz Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.