Hermes International (OTCMKTS:HESAY) Sets New 1-Year Low – Should You Sell?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAYGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $179.90 and last traded at $179.90, with a volume of 19010 shares. The stock had previously closed at $186.35.

Analyst Ratings Changes

A number of equities analysts have recently commented on HESAY shares. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. HSBC cut shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Read Our Latest Report on Hermes International

Hermes International Stock Up 2.3%

The company has a 50 day simple moving average of $188.71 and a 200 day simple moving average of $214.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99.

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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