Hermes International (OTCMKTS:HESAY) Shares Gap Down – Time to Sell?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $202.49, but opened at $186.77. Hermes International shares last traded at $186.93, with a volume of 15,474 shares traded.

Analyst Upgrades and Downgrades

Several analysts recently commented on HESAY shares. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Finally, HSBC raised shares of Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Hermes International has a consensus rating of “Moderate Buy”.

Hermes International Stock Down 8.7%

The firm has a 50-day simple moving average of $192.50 and a two-hundred day simple moving average of $220.38. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11.

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.