LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Stock Rating Lowered by Zacks Research

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday, Zacks reports.

LVMUY has been the topic of several other reports. HSBC downgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research note on Wednesday, September 9th. Royal Bank Of Canada lowered shares of LVMH-Moet Hennessy Louis Vuitton from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, September 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton has a consensus rating of “Moderate Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

LVMUY opened at $89.00 on Wednesday. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $82.29 and a fifty-two week high of $152.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.63 and a quick ratio of 0.78. The stock has a fifty day moving average of $96.72 and a 200-day moving average of $105.88.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury goods group whose portfolio spans wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing. Its brands include Louis Vuitton, Christian Dior, Fendi, Celine, Loewe, Givenchy, Moët & Chandon, Hennessy, Bulgari, TAG Heuer, Sephora and DFS.

The company was formed in 1987 through the merger of Louis Vuitton with Moët Hennessy. LVMH develops, produces and distributes luxury products through a combination of directly operated stores, e-commerce channels, wholesale networks and hospitality or travel-retail locations.