Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Gap Up – Still a Buy?

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $22.51, but opened at $23.8050. Compagnie Financiere Richemont shares last traded at $23.8850, with a volume of 30,592 shares traded.

Compagnie Financiere Richemont Stock Up 0.0%

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 stock’s 50 day simple moving average is $21.66 and its 200-day simple moving average is $20.28.

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.

Further Reading

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