Hermes International (OTCMKTS:HESAY) Raised to Hold at Zacks Research

Hermes International (OTCMKTS:HESAY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Separately, HSBC downgraded shares of Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Hermes International Stock Performance

Shares of OTCMKTS:HESAY opened at $188.92 on Monday. Hermes International has a twelve month low of $166.77 and a twelve month high of $288.15. The business has a 50 day moving average price of $187.81 and a 200 day moving average price of $203.62. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99.

About Hermes International

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.