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LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Reaches New 52-Week Low - Time to Sell?

LVMH Moët Hennessy - Louis Vuitton, Société Européenne logo with Consumer Discretionary background

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $114.24 and last traded at $114.70, with a volume of 661708 shares. The stock had previously closed at $120.34.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on LVMUY shares. Bank of America upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "neutral" rating to a "buy" rating in a research note on Thursday, January 16th. Kepler Capital Markets raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. Two equities research analysts have rated the stock with a buy rating and five have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Strong Buy".

Get Our Latest Analysis on LVMUY

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Price Performance

The business has a 50 day moving average of $134.56 and a 200 day moving average of $134.61.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 23rd will be paid a $1.6206 dividend. This is a boost from LVMH Moët Hennessy - Louis Vuitton, Société Européenne's previous dividend of $1.18. The ex-dividend date of this dividend is Wednesday, April 23rd.

About LVMH Moët Hennessy - Louis Vuitton, Société Européenne

(Get Free Report)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.

See Also

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