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

H & M Hennes & Mauritz AB (publ) logo with Retail/Wholesale background

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.94 and traded as low as $2.66. H & M Hennes & Mauritz AB (publ) shares last traded at $2.68, with a volume of 24,280 shares.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on HNNMY shares. 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. Redburn Atlantic cut H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, H & M Hennes & Mauritz AB (publ) presently has a consensus rating of "Moderate Buy".

Check Out Our Latest Analysis on H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ) Stock Performance

The stock has a fifty day simple moving average of $2.68 and a 200-day simple moving average of $2.94. The stock has a market cap of $19.68 billion, a P/E ratio of 19.85 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) (OTCMKTS:HNNMY - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 26.25% and a net margin of 4.93%. On average, equities analysts expect that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

About H & M Hennes & Mauritz AB (publ)

(Get Free Report)

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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