Hermes International (OTCMKTS:HESAY) Rating Lowered to Strong Sell at Zacks Research

Hermes International (OTCMKTS:HESAY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

HESAY has been the subject of a number of other reports. HSBC raised Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Kepler Capital Markets raised Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Finally, Jefferies Financial Group upgraded Hermes International from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Hermes International Stock Up 7.0%

Shares of OTCMKTS:HESAY opened at $206.39 on Tuesday. The business has a 50-day moving average price of $223.14 and a 200 day moving average price of $239.79. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19. Hermes International has a 12-month low of $183.24 and a 12-month high of $294.72.

About Hermes International

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.