H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Update

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 4,500 shares, a drop of 31.8% from the November 30th total of 6,600 shares. Based on an average trading volume of 114,800 shares, the short-interest ratio is presently 0.0 days.

H & M Hennes & Mauritz AB (publ) Trading Down 1.5 %

HNNMY traded down $0.04 during mid-day trading on Friday, reaching $2.67. The stock had a trading volume of 24,483 shares, compared to its average volume of 41,776. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11. H & M Hennes & Mauritz AB has a 52 week low of $2.54 and a 52 week high of $3.69. The stock has a market capitalization of $18.91 billion, a P/E ratio of 22.25 and a beta of 1.43. The firm’s fifty day simple moving average is $2.86 and its two-hundred day simple moving average is $3.09.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its quarterly earnings data on Thursday, September 26th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The company had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%. On average, equities analysts predict that H & M Hennes & Mauritz AB will post 0.14 EPS for the current year.

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

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were given a $0.0625 dividend. The ex-dividend date of this dividend was Friday, November 8th. This is a positive change from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)’s payout ratio is currently 58.33%.

Analyst Ratings Changes

Several brokerages recently weighed in on HNNMY. Barclays raised H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research report on Friday, September 27th. Royal Bank of Canada downgraded H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Finally, 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. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

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.