Credit Suisse downgraded Hermes (OTCMKTS:HESAY) from Outperform to Neutral in a report released today.
- Updated: September 16, 2016
Credit Suisse has downgraded Hermes(OTCMKTS:HESAY) from Outperform to Neutral in a statement released on Friday September 16 2016.
Displaying a price of $39.85, Hermes (OTCMKTS:HESAY) traded 1.06% lower on the day. The last stock close is up 3.30% from the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time period. Hermes has been tracking to a 50-day moving average of $43.37 and two hundred day average of $38.17. Trade volume was was down over the average, with 1,211 shares of HESAY changing hands under the typical 8,872 shares.
Hermes has a 52 week low of $31.57 and a 52 week high of $45.30 with a P/E ratio of 38 and has a total market value of $0.0.
General Company Details For Hermes (OTCMKTS:HESAY)
HermÃ¨s International sociÃ©tÃ© en commandite par actions, together with its subsidiaries, engages in the production, and retail and wholesale distribution of goods worldwide. The company offers silk and textiles, and ready-to-wear garments for men and women; leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, equestrian products, and clothing; accessories, including jewelry in enamel, horn, lacquered wood, and leather, as well as belts, gloves, and hats; art of living products comprising furniture and lighting, furnishing fabrics and wallpapers, decorative objects, and tableware; fragrances; and watches. It also engages in the purchase, tanning, dyeing, and finishing of skins; and weaving, engraving, printing, dyeing, and finishing of textiles. The company sells its products through a network of 307 retail outlets. In addition, it sells watches, perfumes, and tableware through networks of specialized stores and in airport duty-free stores. HermÃ¨s International sociÃ©tÃ© en commandite par actions was founded in 1837 and is headquartered in Paris, and France. HermÃ¨s International SociÃ©tÃ© en commandite par actions operates as a subsidiary of H51
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