Hermes International (OTCMKTS:HESAY) Reaches New 52-Week Low – Here’s What Happened

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $179.90 and last traded at $179.90, with a volume of 19010 shares. The stock had previously closed at $186.35.

Wall Street Analyst Weigh In

HESAY has been the subject of a number of research reports. HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Finally, Kepler Capital Markets raised shares of Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Hermes International Stock Down 3.5%

The company has a fifty day moving average price of $189.05 and a 200-day moving average price of $214.93. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11.

Hermes International Company Profile

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.