Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 25,641 shares, a growth of 216.2% from the September 15th total of 8,110 shares. Based on an average daily trading volume, of 376,588 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
Hermes International Trading Up 1.0%
Shares of OTCMKTS:HESAY opened at $143.94 on Wednesday. The business’s fifty day simple moving average is $166.58 and its 200-day simple moving average is $181.79. Hermes International has a 12-month low of $140.93 and a 12-month high of $265.89.
Wall Street Analysts Forecast Growth
HESAY has been the subject of a number of research analyst reports. The Goldman Sachs Group started coverage on shares of Hermes International in a report on Monday, October 5th. They set a “sell” rating for the company. Rothschild & Co Redburn cut shares of Hermes International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st. Zacks Research raised shares of Hermes International from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. UBS Group lowered Hermes International from a “neutral” rating to a “sell” rating in a research note on Monday, October 5th. Finally, Royal Bank Of Canada cut shares of Hermes International from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.
Hermes International Company Profile
Hermès International is a French luxury-goods company known for its craftsmanship, distinctive design and long-standing heritage. The business was founded in Paris in 1837 by Thierry Hermès as a harness and saddlery workshop, and it has evolved into a global luxury brand while retaining a strong connection to artisanal production.
The company offers a broad range of products, including leather goods and saddlery, silk and textiles, ready-to-wear clothing, footwear, fashion accessories, jewelry, watches, fragrances, beauty products and home furnishings.
See Also
- Five stocks we like better than Hermes International
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for Hermes International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hermes International and related companies with MarketBeat.com's FREE daily email newsletter.
