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Hermès International Société en commandite par actions (OTCMKTS:HESAY) Stock Price Passes Below 50-Day Moving Average - Here's Why

Hermès International Société en commandite par actions logo with Consumer Staples background

Hermès International Société en commandite par actions (OTCMKTS:HESAY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $277.78 and traded as low as $260.76. Hermès International Société en commandite par actions shares last traded at $262.81, with a volume of 29,888 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets lowered Hermès International Société en commandite par actions from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 26th.

Read Our Latest Research Report on HESAY

Hermès International Société en commandite par actions Stock Down 4.7 %

The business's fifty day moving average is $275.90 and its 200 day moving average is $248.48.

About Hermès International Société en commandite par actions

(Get Free Report)

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.

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