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

Hermès International Société en commandite par actions logo with Consumer Staples background
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Hermès International Société en commandite par actions (OTCMKTS:HESAY - Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $274.99 and traded as low as $269.26. Hermès International Société en commandite par actions shares last traded at $272.08, with a volume of 25,212 shares traded.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on Hermès International Société en commandite par actions

Hermès International Société en commandite par actions Price Performance

The firm has a fifty day moving average of $276.12 and a 200-day moving average of $244.75.

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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