Zacks Research Downgrades LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) to Strong Sell

Key Points

• LVMH-Moet Hennessy Louis Vuitton has been downgraded to a "strong sell" rating by Zacks Research, indicating concerns about the company's future performance.
• Despite the downgrade, HSBC Global Research upgraded LVMH to a "strong buy" rating, showing a divide in analysts' opinions on the stock.
• The company's stock has experienced a 12-month low of $101.80 and a high of $159.97, showcasing significant volatility in its market performance.

Zacks Research downgraded shares of LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY - Free Report) from a hold rating to a strong sell rating in a research note released on Monday, September 8th,Zacks.com reports.

Separately, Hsbc Global Res raised shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, LVMH-Moet Hennessy Louis Vuitton presently has a consensus rating of "Buy".

LVMH-Moet Hennessy Louis Vuitton Stock Up 2.9%

Shares of LVMH-Moet Hennessy Louis Vuitton stock traded up $3.36 during midday trading on Monday, hitting $118.57. 170,554 shares of the company traded hands, compared to its average volume of 439,994. The company has a current ratio of 1.41, a quick ratio of 0.71 and a debt-to-equity ratio of 0.17. The firm's fifty day moving average price is $112.63 and its 200-day moving average price is $115.21. LVMH-Moet Hennessy Louis Vuitton has a 12 month low of $101.80 and a 12 month high of $159.97.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.