H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Sets New 52-Week Low – Should You Sell?

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $2.46 and last traded at $2.61, with a volume of 362464 shares traded. The stock had previously closed at $2.62.

Wall Street Analysts Forecast Growth

HNNMY has been the topic of a number of research analyst reports. Barclays upgraded H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research note on Friday, September 27th. Redburn Atlantic cut shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 31st. Finally, Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Trading Down 0.4 %

The firm has a market capitalization of $18.48 billion, a PE ratio of 21.75 and a beta of 1.43. The business’s 50-day moving average price is $2.79 and its 200-day moving average price is $3.04. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 0.55.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 8th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Friday, November 8th. This is an increase from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio (DPR) is 58.33%.

About H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.