H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Stock Price Crosses Below 200 Day Moving Average - Here's What Happened

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 $3.22 and traded as low as $2.84. H & M Hennes & Mauritz AB (publ) shares last traded at $2.84, with a volume of 41,934 shares changing hands.

Analyst Upgrades and Downgrades

HNNMY has been the topic of a number of research reports. Barclays raised shares of H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a research note on Friday, September 27th. Redburn Atlantic lowered 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. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy".

H & M Hennes & Mauritz AB (publ) Trading Down 0.7 %

The business's 50 day moving average price is $3.19 and its two-hundred day moving average price is $3.22. The company has a current ratio of 1.11, a quick ratio of 0.55 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $19.97 billion, a price-to-earnings ratio of 23.67 and a beta of 1.45.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last released its quarterly earnings data on Thursday, September 26th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The company had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%. On average, equities analysts predict that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 8th will be given a dividend of $0.0625 per share. The ex-dividend date is Friday, November 8th. This is a boost from H & M Hennes & Mauritz AB (publ)'s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)'s dividend payout ratio is currently 66.67%.

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.