LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Short Interest Update

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 52,072 shares, a decline of 45.0% from the July 15th total of 94,675 shares. Based on an average daily trading volume, of 695,549 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

LVMUY has been the subject of several recent analyst reports. Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research raised shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Five investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Down 2.9%

Shares of LVMH-Moet Hennessy Louis Vuitton stock traded down $3.03 during trading on Monday, hitting $103.00. 488,089 shares of the company’s stock traded hands, compared to its average volume of 404,982. The firm’s fifty day moving average price is $111.50 and its 200 day moving average price is $113.72. LVMH-Moet Hennessy Louis Vuitton has a twelve month low of $102.50 and a twelve month high of $152.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.