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Hermes (OTC:HESAY) has been downgraded from Outperform to Neutral in a report by Credit Suisse today.

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 (OTC:HESAY)

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)

Hermès International société 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. Hermès International société en commandite par actions was founded in 1837 and is headquartered in Paris, and France. Hermès International Société en commandite par actions operates as a subsidiary of H51

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