LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Shares Down 0.5% - What's Next?

Key Points

• LVMH's share price decreased by 0.5%, trading at $111.45 during mid-day, with a noticeable decline in trading volume by 22% from the average.
• Several equities research analysts downgraded LVMH shares, with BNP Paribas changing its rating from "outperform" to "neutral" and Barclays from "strong-buy" to "hold".
• The stock is currently rated as "Buy" by analysts, with three hold ratings, two buy ratings, and four strong buy ratings noted.

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY - Get Free Report)'s share price traded down 0.5% during mid-day trading on Monday . The stock traded as low as $109.83 and last traded at $111.45. 295,356 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 379,224 shares. The stock had previously closed at $111.99.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on LVMUY shares. BNP Paribas lowered shares of LVMH-Moet Hennessy Louis Vuitton from an "outperform" rating to a "neutral" rating in a report on Tuesday, April 29th. Barclays cut shares of LVMH-Moet Hennessy Louis Vuitton from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, Hsbc Global Res lowered shares of LVMH-Moet Hennessy Louis Vuitton from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 24th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and four have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy".

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.5%

The company has a quick ratio of 0.71, a current ratio of 1.41 and a debt-to-equity ratio of 0.17. The firm's fifty day moving average is $109.32 and its two-hundred day moving average is $119.01.

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.

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