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Hennes & Mauritz (OTCMKTS:HNNMY) Share Price Passes Above 200 Day Moving Average - What's Next?

Hennes & Mauritz logo with Retail/Wholesale background

Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.72 and traded as high as $2.86. Hennes & Mauritz shares last traded at $2.84, with a volume of 72,728 shares changing hands.

Hennes & Mauritz Price Performance

The firm has a market capitalization of $19.99 billion, a P/E ratio of 21.81 and a beta of 1.23. The firm has a 50 day moving average price of $2.81 and a 200-day moving average price of $2.72. The company has a current ratio of 1.15, a quick ratio of 0.51 and a debt-to-equity ratio of 1.10.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last announced its quarterly earnings data 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 net margin of 4.35% and a return on equity of 22.74%. The business had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $58.11 billion. On average, analysts expect that Hennes & Mauritz AB will post 0.15 earnings per share 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.

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