Hennes & Mauritz (OTCMKTS:HNNMY) Shares Pass Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• Hennes & Mauritz shares fell below their 200‑day moving average, trading as low as $3.5575 and last at $3.60 versus the 200‑day average of $3.76 on a volume of 140,183 shares.
• Analyst sentiment is mixed: MarketBeat lists one Strong Buy, four Holds and two Sells (average rating: Hold), with recent downgrades from Barclays and DNB to "strong sell."
• Recent results showed Q4 EPS of $0.06 (in line with estimates) and revenue of $6.30B (slightly below), while the company has a $25.38B market cap, P/E of 22.5 and a 30.8% return on equity.

Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.76 and traded as low as $3.5575. Hennes & Mauritz shares last traded at $3.60, with a volume of 140,183 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Oddo Bhf raised Hennes & Mauritz to a "neutral" rating in a research note on Thursday, December 18th. Barclays lowered Hennes & Mauritz from a "hold" rating to a "strong sell" rating in a research report on Friday, February 13th. Dnb Carnegie downgraded Hennes & Mauritz from a "hold" rating to a "strong sell" rating in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Hennes & Mauritz in a research note on Friday, January 30th. Finally, Citigroup restated a "neutral" rating on shares of Hennes & Mauritz in a report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold".

Hennes & Mauritz Stock Performance

The company has a debt-to-equity ratio of 1.47, a current ratio of 1.18 and a quick ratio of 0.60. The firm has a market cap of $25.38 billion, a price-to-earnings ratio of 22.50 and a beta of 1.19. The firm has a fifty day simple moving average of $3.93 and a two-hundred day simple moving average of $3.76.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $6.30 billion for the quarter, compared to the consensus estimate of $6.35 billion. Hennes & Mauritz had a net margin of 5.46% and a return on equity of 30.80%. On average, analysts expect that Hennes & Mauritz AB will post 0.15 EPS for the current year.

About Hennes & Mauritz

Hennes & Mauritz AB, commonly known as H&M, is a Swedish multinational fashion retailer that designs, sources and sells ready-to-wear clothing, accessories and home textiles. The company traces its roots to 1947, when Erling Persson opened a women's clothing store called Hennes ("hers") in Västerås, Sweden; the business expanded into menswear after the acquisition of a Stockholm-based retailer, Mauritz Widforss, in the late 1960s, which led to the Hennes & Mauritz name. Today the company is headquartered in Stockholm and operates a global retail business built around multiple branded concepts.

H&M's core activities include product design, sourcing and retailing of fashion for women, men, teenagers and children, as well as home goods under its H&M Home line.

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