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HSBC Holdings plc downgraded LVMH Moet Hennessy Louis Vuitton SE(ADR) (NASDAQ:LVMUY) to Hold in a report released today.

HSBC Holdings plc has downgraded LVMH Moet Hennessy Louis Vuitton SE(ADR) (NASDAQ:LVMUY) to Hold in a report released on Wednesday June 21, 2017.

Yesterday LVMH Moet Hennessy Louis Vuitton SE(ADR) (NASDAQ:LVMUY) traded 0.31% higher at $51.44. The company’s 50-day moving average is $52.00 and its 200-day moving average is $48.98. The last stock close price is up 12.17% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 54,571 shares of the stock were exchanged, down from an average trading volume of 87,494

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LVMH Moet Hennessy Louis Vuitton SE(ADR) (NASDAQ:LVMUY)

LVMH Moet Hennessy Louis Vuitton SE(ADR) has a 52 week low of $33.10 and a 52 week high of $55.04 with a P/E ratio of 26.39 The company’s market cap is currently $0.

About LVMH Moet Hennessy Louis Vuitton SE(ADR) (NASDAQ:LVMUY)

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world. It produces still and sparkling wines from various wine-growing regions, as well as whiskey. The Fashion & Leather Goods business group includes brands, such as Louis Vuitton, Fendi, Donna Karan, Loewe, Marc Jacobs, Celine and Edun. It focuses on the perfumes, make-up and skincare business, and offers a range of brands, including Christian Dior, Guerlain and Kenzo. The Watches & Jewelry sector operates in two segments: high-quality watchmaking, and jewelry and high jewelry. Its Selective Retailing companies operate in Europe, North America, Asia and the Middle East. Its other activities include Les Echos group, Royal Van Lent and Cheval Blanc.

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