Hermes International (OTCMKTS:HESAY) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $247.97 and traded as low as $243.10. Hermes International shares last traded at $246.03, with a volume of 39,530 shares.

Analyst Ratings Changes

A number of research analysts recently commented on the company. UBS Group cut Hermes International from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 31st. DZ Bank raised Hermes International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 8th. Barclays downgraded Hermes International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Hsbc Global Res cut shares of Hermes International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Hermes International Stock Performance

The company’s 50-day moving average price is $247.97 and its 200-day moving average price is $258.17. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.65 and a current ratio of 4.50.

Hermes International Company Profile

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.