Compagnie Financière Richemont SA (OTCMKTS:CFRUY - Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.98 and traded as low as $14.51. Compagnie Financière Richemont shares last traded at $14.55, with a volume of 1,229,794 shares.
Wall Street Analysts Forecast Growth
Separately, Barclays raised Compagnie Financière Richemont to a "strong-buy" rating in a report on Tuesday, September 17th.
Read Our Latest Report on Compagnie Financière Richemont
Compagnie Financière Richemont Trading Up 0.8 %
The company has a fifty day simple moving average of $14.98 and a two-hundred day simple moving average of $15.11.
Compagnie Financière Richemont Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, October 8th. Stockholders of record on Friday, September 20th were given a dividend of $0.1454 per share. The ex-dividend date of this dividend was Friday, September 20th.
Compagnie Financière Richemont Company Profile
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Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.
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