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H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

H & M Hennes & Mauritz AB (publ) logo with Retail/Wholesale background

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.22 and traded as high as $3.34. H & M Hennes & Mauritz AB (publ) shares last traded at $3.32, with a volume of 10,584 shares traded.

Analyst Ratings Changes

Several brokerages have recently issued reports on HNNMY. HSBC upgraded H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "buy" rating in a research note on Friday, July 5th. Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a research report on Friday, September 27th. Finally, Deutsche Bank Aktiengesellschaft raised H & M Hennes & Mauritz AB (publ) from a "sell" rating to a "buy" rating in a research report on Wednesday, July 3rd.

View Our Latest Stock Analysis on H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ) Stock Down 0.5 %

The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11. The firm has a market cap of $23.40 billion, a price-to-earnings ratio of 25.54 and a beta of 1.44. The business's 50 day moving average price is $3.19 and its 200 day moving average price is $3.22.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last released its quarterly earnings results on Thursday, September 26th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $5.61 billion for the quarter, compared to analyst estimates of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%. On average, equities analysts forecast that H & M Hennes & Mauritz AB will post 0.15 EPS for the current year.

H & M Hennes & Mauritz AB (publ) Company Profile

(Get Free Report)

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.

Further Reading

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