Hermes International (OTCMKTS:HESAY) Downgraded by HSBC to “Hold”

Hermes International (OTCMKTS:HESAY) was downgraded by equities researchers at HSBC from a “buy” rating to a “hold” rating in a report issued on Tuesday.

HESAY has been the subject of a number of other reports. Kepler Capital Markets upgraded Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Zacks Research downgraded Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Hermes International presently has an average rating of “Moderate Buy”.

Hermes International Stock Performance

HESAY stock opened at $185.20 on Tuesday. The company has a fifty day moving average price of $192.08 and a 200-day moving average price of $219.94. Hermes International has a 52-week low of $181.05 and a 52-week high of $289.87. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.