H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Update

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 3,700 shares, a drop of 45.6% from the February 13th total of 6,800 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 96,600 shares, the days-to-cover ratio is presently 0.0 days.

H & M Hennes & Mauritz AB (publ) Stock Up 1.9 %

HNNMY traded up $0.05 during trading on Tuesday, hitting $2.67. The company had a trading volume of 205,862 shares, compared to its average volume of 73,080. The company has a market capitalization of $18.91 billion, a PE ratio of 19.07 and a beta of 1.40. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40. H & M Hennes & Mauritz AB has a one year low of $2.46 and a one year high of $3.69. The firm's 50-day moving average price is $2.66 and its 200 day moving average price is $2.88.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. As a group, equities analysts expect that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

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Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on HNNMY shares. Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a report on Tuesday, November 26th. Barclays downgraded H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, Hsbc Global Res lowered H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

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

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.