H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.99 and traded as low as $2.63. H & M Hennes & Mauritz AB (publ) shares last traded at $2.66, with a volume of 79,017 shares.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HNNMY. Redburn Atlantic cut shares of H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 31st. Royal Bank of Canada downgraded shares of H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a report on Tuesday, November 26th. Finally, Barclays upgraded H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy".

H & M Hennes & Mauritz AB (publ) Trading Down 0.4 %

The company has a 50 day moving average of $2.72 and a 200-day moving average of $2.99. The stock has a market cap of $18.76 billion, a price-to-earnings ratio of 22.09 and a beta of 1.43. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11.

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.