Hermes International (OTCMKTS:HESAY) Sets New 12-Month Low – What’s Next?

Shares of Hermes International SA – Unsponsored ADR (OTCMKTS:HESAYGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $181.98 and last traded at $184.46, with a volume of 81669 shares trading hands. The stock had previously closed at $182.31.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. Jefferies Financial Group upgraded shares of Hermes International from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. HSBC upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Finally, Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Hermes International presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on HESAY

Hermes International Stock Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99. The firm’s 50-day moving average is $196.46 and its 200-day moving average is $228.72.

About Hermes International

(Get Free Report)

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.

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