Hermes International (OTCMKTS:HESAY) Reaches New 12-Month Low – Here’s Why

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $167.8450 and last traded at $168.2250, with a volume of 17498 shares traded. The stock had previously closed at $197.00.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. HSBC downgraded shares of Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Zacks Research cut Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Hermes International has a consensus rating of “Moderate Buy”.

Hermes International Trading Down 14.2%

The business has a fifty day moving average of $188.94 and a two-hundred day moving average of $208.72. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99.

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.