Hermes International (OTCMKTS:HESAY) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAYGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $249.17 and traded as low as $242.52. Hermes International shares last traded at $249.49, with a volume of 36,154 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have commented on HESAY shares. Barclays cut Hermes International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Jefferies Financial Group upgraded shares of Hermes International from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on Hermes International

Hermes International Stock Up 3.7%

The stock has a 50 day moving average of $249.17 and a 200-day moving average of $247.57. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.50 and a quick ratio of 3.65.

Hermes International Company Profile

(Get Free Report)

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.

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