Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Down 1.8% - What's Next?

Key Points

• Compagnie Financiere Richemont shares declined by 1.8% during trading, closing at $16.79 from a previous close of $17.11.
• The company has a debt-to-equity ratio of 0.20 and strong liquidity ratios, with a quick ratio of 1.98 and a current ratio of 2.90.
• Richemont specializes in the luxury goods market, operating through segments including Jewellery Maisons and Specialist Watchmakers.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - ) was down 1.8% during trading on Wednesday . The stock traded as low as $16.77 and last traded at $16.79. Approximately 587,775 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 599,496 shares. The stock had previously closed at $17.11.

Compagnie Financiere Richemont Stock Performance

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's 50-day simple moving average is $18.45 and its two-hundred day simple moving average is $18.34.

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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