LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Sets New 12-Month Low – Should You Sell?

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $98.89 and last traded at $98.9390, with a volume of 291512 shares changing hands. The stock had previously closed at $99.75.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LVMUY. Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Four analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, LVMH-Moet Hennessy Louis Vuitton currently has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.8%

The stock has a 50-day simple moving average of $108.02 and a 200 day simple moving average of $111.09. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18.

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.