Hermes International (OTCMKTS:HESAY) Reaches New 52-Week Low – What’s Next?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $180.00 and last traded at $180.59, with a volume of 3280 shares. The stock had previously closed at $185.32.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. HSBC downgraded shares of Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Finally, Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Hermes International Stock Performance

The firm has a 50-day simple moving average of $189.60 and a 200-day simple moving average of $216.73. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19.

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.