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Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Cross Below 50-Day Moving Average - Should You Sell?

Compagnie Financiere Richemont logo with Retail/Wholesale background

Key Points

  • Compagnie Financiere Richemont's shares crossed below their 50-day moving average of $17.73, trading as low as $16.66 before closing at $16.69.
  • The company has a debt-to-equity ratio of 0.20 and liquidity measures with a quick ratio of 1.98 and a current ratio of 2.90.
  • Richemont operates in the luxury goods sector, including jewelry, watches, and accessories, primarily in Europe.
  • Five stocks to consider instead of Compagnie Financiere Richemont.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $17.73 and traded as low as $16.66. Compagnie Financiere Richemont shares last traded at $16.69, with a volume of 379,134 shares.

Compagnie Financiere Richemont Stock Down 0.9%

The stock's 50 day moving average is $17.62 and its two-hundred day moving average is $18.11. The company has a quick ratio of 1.98, a current ratio of 2.90 and a debt-to-equity ratio of 0.20.

About Compagnie Financiere Richemont

(Get Free Report)

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.

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