Compagnie Financiere Richemont (OTCMKTS:CFRUY) Reaches New 12-Month High – Time to Buy?

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $24.55 and last traded at $24.52, with a volume of 7153 shares traded. The stock had previously closed at $24.02.

Compagnie Financiere Richemont Stock Performance

The stock’s 50-day moving average price is $22.85 and its 200-day moving average price is $20.55. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.10 and a quick ratio of 2.06.

About Compagnie Financiere Richemont

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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.

Further Reading

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