Hermes International (OTCMKTS:HESAY) Hits New 52-Week Low – What’s Next?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) reached a new 52-week low on Thursday . The stock traded as low as $188.34 and last traded at $188.40, with a volume of 79038 shares trading hands. The stock had previously closed at $192.02.

Analyst Upgrades and Downgrades

HESAY has been the topic of several recent research reports. Kepler Capital Markets raised Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Jefferies Financial Group raised shares of Hermes International from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Finally, HSBC upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Hermes International currently has an average rating of “Buy”.

Hermes International Stock Down 1.9%

The company has a 50-day moving average of $235.08 and a 200 day moving average of $243.93. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19.

Hermes International Company Profile

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.