Hermes International (OTCMKTS:HESAY) Sets New 1-Year Low – Here’s What Happened

Shares of Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $180.00 and last traded at $180.59, with a volume of 3280 shares traded. The stock had previously closed at $185.32.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HESAY shares. HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Kepler Capital Markets upgraded Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Finally, Zacks Research downgraded Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Hermes International currently has a consensus rating of “Moderate Buy”.

Hermes International Stock Performance

The business’s 50 day simple moving average is $190.41 and its two-hundred day simple moving average is $217.69. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.