Hermes International (OTCMKTS:HESAY) Reaches New 52-Week Low – Here’s Why

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $212.13 and last traded at $212.14, with a volume of 33360 shares. The stock had previously closed at $216.40.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Jefferies Financial Group upgraded Hermes International from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Finally, HSBC raised Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

Hermes International Price Performance

The company has a 50-day moving average price of $242.98 and a two-hundred day moving average price of $246.01. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.50 and a quick ratio of 3.65.

Hermes International Company Profile

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.