H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.11 and traded as low as $2.65. H & M Hennes & Mauritz AB (publ) shares last traded at $2.70, with a volume of 125,253 shares trading hands.
Wall Street Analyst Weigh In
Several analysts have weighed in on HNNMY shares. Barclays raised shares of H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a research note on Friday, September 27th. Royal Bank of Canada lowered H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, November 26th. Finally, Redburn Atlantic downgraded H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".
View Our Latest Research Report on H & M Hennes & Mauritz AB (publ)
H & M Hennes & Mauritz AB (publ) Stock Up 1.5 %
The stock has a market cap of $19.12 billion, a price-to-earnings ratio of 22.50 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. The firm's 50-day simple moving average is $2.92 and its two-hundred day simple moving average is $3.11.
H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last issued its quarterly 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 net margin of 4.30% and a return on equity of 23.03%. The company had revenue of $5.61 billion during the quarter, compared to analyst estimates of $5.84 billion. On average, sell-side analysts expect that H & M Hennes & Mauritz AB will post 0.14 EPS for the current fiscal year.
H & M Hennes & Mauritz AB (publ) Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 8th were issued a dividend of $0.0625 per share. This is a boost from H & M Hennes & Mauritz AB (publ)'s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, November 8th. H & M Hennes & Mauritz AB (publ)'s payout ratio is currently 58.33%.
About H & M Hennes & Mauritz AB (publ)
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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.
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