Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Gap Up – What’s Next?

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $19.73, but opened at $21.00. Compagnie Financiere Richemont shares last traded at $20.97, with a volume of 14,815 shares.

Compagnie Financiere Richemont Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.87 and a current ratio of 2.82. The business has a fifty day simple moving average of $19.01 and a 200 day simple moving average of $19.95.

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.

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