Hermes International (OTCMKTS:HESAY) Hits New 12-Month Low on Analyst Downgrade

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY)’s stock price reached a new 52-week low on Tuesday after HSBC downgraded the stock from a buy rating to a hold rating. The company traded as low as $180.61 and last traded at $181.40, with a volume of 4601 shares changing hands. The stock had previously closed at $185.20.

A number of other research firms have also recently commented on HESAY. Kepler Capital Markets raised shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Zacks Research downgraded Hermes International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Hermes International Stock Down 1.7%

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 business’s 50 day moving average is $192.08 and its 200 day moving average is $219.94.

Hermes International Company Profile

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.