Shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $24.35 and last traded at $24.25, with a volume of 376811 shares changing hands. The stock had previously closed at $22.51.
Compagnie Financiere Richemont Price Performance
The business’s fifty day simple moving average is $21.73 and its 200 day simple moving average is $20.31. The company has a current ratio of 3.10, a quick ratio of 2.06 and a debt-to-equity ratio of 0.19.
About Compagnie Financiere Richemont
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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