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Compagnie Financière Richemont (OTCMKTS:CFRUY) Share Price Passes Below 50 Day Moving Average - Should You Sell?

Compagnie Financière Richemont logo with Retail/Wholesale background

Shares of Compagnie Financière Richemont SA (OTCMKTS:CFRUY - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.72 and traded as low as $14.18. Compagnie Financière Richemont shares last traded at $14.27, with a volume of 414,438 shares traded.

Analyst Ratings Changes

Separately, Barclays raised Compagnie Financière Richemont to a "strong-buy" rating in a research report on Tuesday, September 17th.

Check Out Our Latest Stock Report on Compagnie Financière Richemont

Compagnie Financière Richemont Stock Performance

The company has a 50-day moving average of $14.72 and a 200-day moving average of $15.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.65 and a quick ratio of 1.97.

Compagnie Financière Richemont Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 8th. Shareholders of record on Friday, September 20th were issued a $0.1454 dividend. The ex-dividend date of this dividend was Friday, September 20th.

About Compagnie Financière Richemont

(Get Free Report)

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.

See Also

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