Compagnie Financiere Richemont (OTCMKTS:CFRUY) Hits New 52-Week High – Time to Buy?

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $23.13 and last traded at $23.13, with a volume of 24733 shares trading hands. The stock had previously closed at $22.89.

Compagnie Financiere Richemont Stock Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 3.10 and a quick ratio of 2.06. The firm has a fifty day moving average of $20.59 and a 200-day moving average of $20.10.

Compagnie Financiere Richemont Company Profile

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Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.

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