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

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $103.00 and last traded at $103.2388, with a volume of 219761 shares changing hands. The stock had previously closed at $107.80.

Analyst Ratings Changes

A number of equities research analysts have weighed in on LVMUY shares. Barclays raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 10th. Five investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

The stock’s 50 day moving average price is $111.78 and its two-hundred day moving average price is $118.13. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.58.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.