Hermes International (OTCMKTS:HESAY) Reaches New 1-Year Low – Here’s What Happened

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $166.32 and last traded at $166.41, with a volume of 99535 shares. The stock had previously closed at $168.84.

Wall Street Analysts Forecast Growth

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

Hermes International Trading Down 1.4%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99. The firm has a 50 day moving average price of $183.79 and a 200-day moving average price of $194.55.

About Hermes International

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.