Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Gap Down – What’s Next?

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $20.30, but opened at $18.80. Compagnie Financiere Richemont shares last traded at $19.08, with a volume of 65,810 shares changing hands.

Compagnie Financiere Richemont Price Performance

The company has a 50 day moving average price of $20.63 and a 200 day moving average price of $19.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.82 and a quick ratio of 1.87.

About Compagnie Financiere Richemont

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Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.

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