LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Stock Price Down 1.7% - Here's Why

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY - Get Free Report) dropped 1.7% on Monday . The company traded as low as $111.50 and last traded at $112.13. Approximately 323,953 shares were traded during trading, a decline of 31% from the average daily volume of 466,641 shares. The stock had previously closed at $114.11.

Analyst Upgrades and Downgrades

A number of research analysts have commented on LVMUY shares. BNP Paribas downgraded LVMH-Moet Hennessy Louis Vuitton from an "outperform" rating to a "neutral" rating in a research note on Tuesday, April 29th. Hsbc Global Res downgraded LVMH-Moet Hennessy Louis Vuitton from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, Barclays downgraded LVMH-Moet Hennessy Louis Vuitton from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 2nd. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and four have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy".

LVMH-Moet Hennessy Louis Vuitton Stock Performance

The stock has a 50-day moving average of $109.97 and a 200 day moving average of $123.85. The company has a current ratio of 1.41, a quick ratio of 0.71 and a debt-to-equity ratio of 0.17.

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.