Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $22.8550, but opened at $21.83. Compagnie Financiere Richemont shares last traded at $21.8040, with a volume of 3,486 shares changing hands.
Compagnie Financiere Richemont Trading Down 2.5%
The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.06 and a current ratio of 3.10. The business has a 50 day moving average of $23.38 and a 200 day moving average of $21.08.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Compagnie Financiere Richemont stock. Azimuth Capital Investment Management LLC purchased a new position in shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 501,500 shares of the company’s stock, valued at approximately $11,598,000.
About Compagnie Financiere Richemont
Compagnie Financière Richemont SA is a Switzerland-based luxury goods company with a portfolio spanning jewelry, watches, fashion, accessories and writing instruments. The group operates through a collection of internationally recognized Maisons, including Cartier, Van Cleef & Arpels, Buccellati, Montblanc, Chloé, Alaïa, Delvaux and Dunhill.
Richemont’s specialist watchmakers include A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin.
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