H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Stock Rating Lowered by Hsbc Global Res

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) was downgraded by stock analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating in a report released on Wednesday, March 5th,Zacks.com reports.

Several other equities research analysts have also weighed in on the company. Barclays lowered H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold".

H & M Hennes & Mauritz AB (publ) Trading Down 5.1 %

HNNMY traded down $0.15 during trading on Wednesday, hitting $2.75. 34,153 shares of the stock traded hands, compared to its average volume of 65,842. The firm has a market capitalization of $19.47 billion, a P/E ratio of 19.64 and a beta of 1.40. The firm has a 50-day moving average of $2.66 and a 200 day moving average of $2.89. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.14 and a quick ratio of 0.55. H & M Hennes & Mauritz AB has a 12-month low of $2.46 and a 12-month high of $3.69.

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H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. Equities research analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 EPS for the current year.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.