Compagnie Financiere Richemont (OTCMKTS:CFRUY) Hits New 1-Year High – Time to Buy?

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $24.35 and last traded at $24.25, with a volume of 376811 shares traded. The stock had previously closed at $22.51.

Compagnie Financiere Richemont Stock Up 7.7%

The stock has a 50 day moving average of $21.58 and a 200-day moving average of $20.26. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.06 and a current ratio of 3.10.

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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