Hermes International (OTCMKTS:HESAY) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of Hermes International (OTCMKTS:HESAY) from a strong sell rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

Separately, HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Hermes International Stock Performance

Shares of HESAY stock opened at $188.92 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19. The company’s fifty day simple moving average is $187.81 and its 200-day simple moving average is $203.62. Hermes International has a 52 week low of $166.77 and a 52 week high of $288.15.

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.