Hermes International (OTCMKTS:HESAY) Shares Gap Down – Time to Sell?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $202.49, but opened at $186.77. Hermes International shares last traded at $186.93, with a volume of 15,474 shares trading hands.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on HESAY. Kepler Capital Markets upgraded Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Zacks Research cut Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Finally, HSBC lowered Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

View Our Latest Research Report on Hermes International

Hermes International Price Performance

The stock’s fifty day moving average is $191.62 and its 200 day moving average is $219.49. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11.

About Hermes International

(Get Free Report)

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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