Hermes International (OTCMKTS:HESAY) Reaches New 12-Month Low – Time to Sell?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $182.15 and last traded at $183.2831, with a volume of 12916 shares. The stock had previously closed at $186.28.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Zacks Research lowered Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. HSBC raised shares of Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Kepler Capital Markets raised shares of Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Finally, Jefferies Financial Group raised shares of Hermes International from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Hermes International presently has a consensus rating of “Moderate Buy”.

Hermes International Trading Up 0.1%

The business’s 50 day moving average price is $201.09 and its 200-day moving average price is $231.63. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11.

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.