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

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 cut shares of LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY - Free Report) from a hold rating to a strong sell rating in a report released on Monday morning,Zacks.com reports.

Separately, Hsbc Global Res upgraded 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 assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton currently has a consensus rating of "Buy".

LVMH-Moet Hennessy Louis Vuitton Trading Up 0.4%

Shares of OTCMKTS:LVMUY traded up $0.44 on Monday, hitting $115.21. The company had a trading volume of 190,257 shares, compared to its average volume of 299,726. LVMH-Moet Hennessy Louis Vuitton has a 1-year low of $101.80 and a 1-year high of $159.97. The stock has a 50 day moving average price of $112.63 and a 200 day moving average price of $115.61. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.41 and a quick ratio of 0.71.

LVMH-Moet Hennessy Louis Vuitton Company Profile

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.