H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Reaches New 1-Year Low - What's Next?

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $2.42 and last traded at $2.52, with a volume of 126532 shares changing hands. The stock had previously closed at $2.61.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HNNMY shares. Barclays lowered shares of H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th. Hsbc Global Res cut shares of H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold".

H & M Hennes & Mauritz AB (publ) Stock Performance

The stock has a market capitalization of $18.34 billion, a price-to-earnings ratio of 18.50 and a beta of 1.25. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.14 and a quick ratio of 0.55. The stock has a 50-day moving average of $2.64 and a 200 day moving average of $2.80.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 26th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. The company had revenue of $5.04 billion during the quarter, compared to analysts' expectations of $56.15 billion. On average, analysts expect that H & M Hennes & Mauritz AB will post 0.15 EPS for the current year.

H & M Hennes & Mauritz AB (publ) 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.