Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Cross Below 50-Day Moving Average - Here's What Happened

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.

Shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - ) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 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 traded.

Compagnie Financiere Richemont Stock Up 2.5%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.98 and a current ratio of 2.90. The business has a 50 day moving average price of $17.73 and a 200-day moving average price of $18.17.

About Compagnie Financiere Richemont

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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