Hermes International (OTCMKTS:HESAY) Lowered to Hold Rating by Hsbc Global Res

Hsbc Global Res downgraded shares of Hermes International (OTCMKTS:HESAY) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

Several other equities research analysts also recently issued reports on HESAY. UBS Group downgraded Hermes International from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 31st. Royal Bank Of Canada upgraded Hermes International to a “moderate buy” rating in a research note on Monday, May 12th. Finally, DZ Bank upgraded Hermes International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 5th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Hermes International Stock Down 0.1%

HESAY opened at $238.40 on Tuesday. The stock’s 50 day simple moving average is $259.69 and its 200-day simple moving average is $267.60. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.49 and a current ratio of 4.26. Hermes International has a 1 year low of $206.66 and a 1 year high of $303.00.

Hermes International Company Profile

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.