Hermes International (OTCMKTS:HESAY) Reaches New 12-Month Low – Here’s Why

Shares of Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) hit a new 52-week low during trading on Wednesday . The stock traded as low as $167.8450 and last traded at $168.2250, with a volume of 17498 shares. The stock had previously closed at $197.00.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on HESAY shares. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. HSBC cut Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Hermes International currently has a consensus rating of “Moderate Buy”.

Hermes International Stock Performance

The stock has a 50-day moving average of $188.94 and a 200-day moving average of $208.72. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99.

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.