Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 12,321 shares, a decline of 45.2% from the July 30th total of 22,477 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 93,502 shares, the days-to-cover ratio is presently 0.1 days.
Analysts Set New Price Targets
HESAY has been the subject of a number of research analyst reports. Zacks Research raised Hermes International from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. HSBC cut shares of Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, Royal Bank Of Canada cut shares of Hermes International from an “outperform” rating to a “sector perform” rating in a report on Tuesday, August 18th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Hermes International currently has a consensus rating of “Moderate Buy”.
Read Our Latest Report on Hermes International
Hermes International Price Performance
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.
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