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LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Shares Pass Below 200 Day Moving Average - What's Next?

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 stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $141.58 and traded as low as $132.64. LVMH Moët Hennessy - Louis Vuitton, Société Européenne shares last traded at $132.95, with a volume of 461,635 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on LVMUY shares. Berenberg Bank raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Wednesday, October 30th. TD Cowen raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a research note on Thursday, October 10th. Hsbc Global Res upgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 2nd. HSBC raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "buy" rating in a report on Monday, December 2nd. Finally, Citigroup raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Friday, October 11th. Two research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Strong Buy".

Read Our Latest Analysis on LVMUY

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Trading Down 2.6 %

The firm's 50-day moving average price is $130.24 and its 200 day moving average price is $141.49.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be issued a dividend of $1.181 per share. The ex-dividend date is Friday, November 29th.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Company Profile

(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.

Further Reading

Should you invest $1,000 in LVMH Moët Hennessy - Louis Vuitton, Société Européenne right now?

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