Free Trial

Hennes & Mauritz (OTCMKTS:HNNMY) Sees Unusually-High Trading Volume - Time to Buy?

Hennes & Mauritz logo with Retail/Wholesale background

Shares of Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 389,698 shares were traded during mid-day trading, an increase of 227% from the previous session's volume of 119,032 shares.The stock last traded at $2.84 and had previously closed at $2.76.

Hennes & Mauritz Stock Performance

The company has a debt-to-equity ratio of 1.22, a current ratio of 1.00 and a quick ratio of 0.46. The business has a 50-day simple moving average of $2.80 and a 200 day simple moving average of $2.73. The firm has a market cap of $20.02 billion, a PE ratio of 21.85 and a beta of 1.23.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last released its earnings results on Wednesday, June 25th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05. Hennes & Mauritz had a return on equity of 23.48% and a net margin of 4.35%. The firm had revenue of $5.75 billion during the quarter, compared to analysts' expectations of $58.11 billion. Equities research analysts forecast that Hennes & Mauritz AB will post 0.15 EPS for the current year.

About Hennes & Mauritz

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in Hennes & Mauritz Right Now?

Before you consider Hennes & Mauritz, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hennes & Mauritz wasn't on the list.

While Hennes & Mauritz currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Drone Stocks Are Skyrocketing Right Now!
Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines