Compagnie Financiere Richemont (OTCMKTS:CFRUY) Sets New 12-Month High – What’s Next?

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) hit a new 52-week high during trading on Friday . The stock traded as high as $21.42 and last traded at $21.27, with a volume of 114216 shares. The stock had previously closed at $20.43.

Wall Street Analyst Weigh In

Separately, Hsbc Global Res upgraded shares of Compagnie Financiere Richemont to a “strong-buy” rating in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Strong Buy”.

Compagnie Financiere Richemont Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 2.90 and a quick ratio of 1.98. The stock’s 50-day simple moving average is $19.43 and its 200 day simple moving average is $18.45.

Compagnie Financiere Richemont Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, October 7th. Investors of record on Friday, September 19th were paid a dividend of $0.1714 per share. The ex-dividend date of this dividend was Thursday, September 18th. This represents a yield of 90.0%.

About Compagnie Financiere Richemont

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.