Hermes (OTC:HESAY) has been downgraded from Outperform to Neutral in a report by Credit Suisse today.
- Updated: September 16, 2016
Credit Suisse has downgraded Hermes(OTC:HESAY) from Outperform to Neutral in a report released on 9/16/2016.
Just yesterday Hermes (OTC:HESAY) traded 1.06% lower at $39.61. HESAY’s 50-day moving average is $43.37 and its two hundred day average is $38.17. The last stock price close is up 3.30% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Volume of trade was was down over the average, with 1,211 shares of HESAY changing hands under the typical 8,872 shares..
Recent Performance Chart:
Hermes has a 52 week low of $31.57 and a one-year high of $45.30 with a PE ratio of 38. HESAY’s market cap is currently $0.0.
Brief Synopsis On Hermes (OTC: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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