LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Reaches New 1-Year Low – What’s Next?

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $93.60 and last traded at $93.70, with a volume of 35432 shares traded. The stock had previously closed at $96.46.

Analyst Ratings Changes

LVMUY has been the subject of several research reports. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 10th. HSBC cut LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a report on Wednesday, September 9th. Four analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

View Our Latest Stock Report on LVMH-Moet Hennessy Louis Vuitton

LVMH-Moet Hennessy Louis Vuitton Stock Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.58. The stock’s 50 day simple moving average is $106.41 and its two-hundred day simple moving average is $109.92.

LVMH-Moet Hennessy Louis Vuitton Company Profile

(Get Free Report)

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury-goods group formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company develops, produces and sells premium products through a portfolio of maisons, or brands, with heritage spanning fashion, wine and spirits, jewelry, watches, beauty and selective retail.

LVMH’s principal business segments include Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities.

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