Hermes International (OTCMKTS:HESAY) Shares Gap Up – Should You Buy?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $181.64, but opened at $187.70. Hermes International shares last traded at $187.48, with a volume of 6,363 shares.

Analyst Upgrades and Downgrades

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

Hermes International Stock Performance

The firm’s 50 day moving average price is $185.27 and its 200-day moving average price is $198.30. 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.