Hermes International (OTCMKTS:HESAY) Stock Price Down 0.3% - Should You Sell?

Key Points

• Hermes International's stock price declined by 0.3% to $252.00, with trading volume decreasing by 37% compared to its average daily volume.
• Recent analyst ratings for Hermes include a shift from a "strong-buy" to a "hold" by both UBS Group and HSBC, while DZ Bank upgraded it to a "strong-buy."
• Hermes International has a healthy financial profile, evidenced by a debt-to-equity ratio of 0.10 and a current ratio of 4.50.

Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY - Get Free Report)'s stock price dropped 0.3% on Thursday . The company traded as low as $250.58 and last traded at $252.00. Approximately 42,376 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 66,864 shares. The stock had previously closed at $252.68.

Analysts Set New Price Targets

HESAY has been the subject of a number of recent research reports. DZ Bank upgraded Hermes International from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 8th. UBS Group downgraded Hermes International from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 31st. Finally, Hsbc Global Res downgraded Hermes International from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Hermes International presently has a consensus rating of "Moderate Buy".

Hermes International Stock Down 0.3%

The company has a debt-to-equity ratio of 0.10, a current ratio of 4.50 and a quick ratio of 3.65. The company has a 50-day simple moving average of $245.35 and a two-hundred day simple moving average of $261.05.

About Hermes International

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.

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