LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Sets New 12-Month Low – Should You Sell?

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $98.89 and last traded at $98.9390, with a volume of 291512 shares changing hands. The stock had previously closed at $99.75.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Zacks Research raised shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 10th. Barclays upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. The company’s 50 day simple moving average is $108.02 and its 200-day simple moving average is $111.09.

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.