Compagnie Financiere Richemont (OTCMKTS:CFRUY) Stock Passes Above 50-Day Moving Average – Here’s Why

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $18.58 and traded as high as $20.59. Compagnie Financiere Richemont shares last traded at $20.0550, with a volume of 358,233 shares.

Compagnie Financiere Richemont Trading Up 1.8%

The company has a debt-to-equity ratio of 0.20, a current ratio of 2.82 and a quick ratio of 1.87. The business has a 50 day simple moving average of $18.58 and a 200 day simple moving average of $19.94.

Compagnie Financiere Richemont Company Profile

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Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.

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