Hermes International (OTCMKTS:HESAY) Reaches New 52-Week Low – Here’s Why

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAYGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $166.32 and last traded at $166.41, with a volume of 99535 shares changing hands. The stock had previously closed at $168.84.

Analyst Ratings Changes

Several analysts have recently weighed in on HESAY shares. Royal Bank Of Canada cut Hermes International from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, August 18th. Zacks Research raised Hermes International from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. Finally, HSBC lowered shares of Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on HESAY

Hermes International Stock Down 1.4%

The stock has a fifty day moving average price of $183.79 and a 200-day moving average price of $194.55. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11.

Hermes International Company Profile

(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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