Shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $23.06 and last traded at $22.94, with a volume of 504511 shares changing hands. The stock had previously closed at $22.60.
Compagnie Financiere Richemont Stock Performance
The company’s 50-day simple moving average is $20.08 and its two-hundred day simple moving average is $20.03. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.82 and a quick ratio of 1.87.
Compagnie Financiere Richemont Company Profile
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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