Hermes International (OTCMKTS:HESAY) Downgraded to "Strong Sell" Rating by Zacks Research

Key Points

• Zacks Research downgraded Hermes International from a "hold" to a strong sell in a report issued Tuesday.
• Other firms have been more positive—Kepler, Jefferies and HSBC recently upgraded the stock—and analyst tallies show 2 Strong Buy, 2 Buy, 2 Hold and 1 Sell, giving an overall consensus of Moderate Buy.
• Shares opened at $206.39 with a 52-week range of $183.24–$294.72 and technicals showing a 50‑day MA of $223.14 and 200‑day MA of $239.79; the company also reports low leverage (D/E 0.11) and strong liquidity (quick ratio 4.19, current ratio 4.99).

Hermes International (OTCMKTS:HESAY - Get Free Report) was downgraded by research analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Kepler Capital Markets upgraded Hermes International from a "hold" rating to a "buy" rating in a research report on Tuesday, March 10th. Jefferies Financial Group upgraded Hermes International from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 26th. Finally, HSBC upgraded Hermes International from a "hold" rating to a "buy" rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Hermes International Stock Performance

Shares of OTCMKTS HESAY opened at $206.39 on Tuesday. Hermes International has a fifty-two week low of $183.24 and a fifty-two week high of $294.72. The business has a 50 day moving average price of $223.14 and a two-hundred day moving average price of $239.79. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world's most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.

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