Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Gap Up – Here’s What Happened

Shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $19.73, but opened at $21.00. Compagnie Financiere Richemont shares last traded at $20.97, with a volume of 14,815 shares trading hands.

Compagnie Financiere Richemont Price Performance

The business’s 50-day moving average price is $18.87 and its 200 day moving average price is $19.93. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.82 and a quick ratio of 1.87.

Compagnie Financiere Richemont Company Profile

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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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