LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research downgraded shares of LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) from a hold rating to a strong sell rating in a research note released on Tuesday,Zacks.com reports.

A number of other research firms have also commented on LVMUY. DZ Bank raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 29th. Barclays raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Monday. Five investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

OTCMKTS LVMUY opened at $106.50 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.58 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average is $110.59 and its 200-day moving average is $130.02. LVMH-Moet Hennessy Louis Vuitton has a one year low of $101.80 and a one year high of $152.95.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.