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

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.15 and traded as low as $2.78. H & M Hennes & Mauritz AB (publ) shares last traded at $2.80, with a volume of 68,278 shares changing hands.

Analysts Set New Price Targets

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

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

The company's fifty day simple moving average is $2.98 and its 200 day simple moving average is $3.15. 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 firm has a market capitalization of $19.76 billion, a P/E ratio of 23.34 and a beta of 1.43.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last posted its earnings results on Thursday, September 26th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. The firm had revenue of $5.61 billion for the quarter, compared to analysts' expectations of $5.84 billion. Research analysts expect that H & M Hennes & Mauritz AB will post 0.14 EPS for the current year.

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

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Friday, November 8th. This is a positive change from H & M Hennes & Mauritz AB (publ)'s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)'s payout ratio is presently 58.34%.

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.