Hermes International (OTCMKTS:HESAY) Shares Gap Down – Time to Sell?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) gapped down prior to trading on Thursday . The stock had previously closed at $176.94, but opened at $172.24. Hermes International shares last traded at $172.59, with a volume of 6,891 shares trading hands.

Analyst Ratings Changes

HESAY has been the topic of a number of recent analyst reports. Zacks Research upgraded Hermes International from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. HSBC lowered Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Finally, Royal Bank Of Canada downgraded shares of Hermes International from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, August 18th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Hermes International Stock Down 2.8%

The firm’s 50 day simple moving average is $184.64 and its two-hundred day simple moving average is $196.28. 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.