Compagnie Financiere Richemont (OTCMKTS:CFRUY) Hits New 1-Year High – Here’s Why

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $23.06 and last traded at $22.94, with a volume of 504511 shares traded. The stock had previously closed at $22.60.

Compagnie Financiere Richemont Price Performance

The company has a current ratio of 2.82, a quick ratio of 1.87 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average price of $20.27 and a 200 day moving average price of $20.06.

Compagnie Financiere Richemont Company Profile

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Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.

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