Hermes International (OTCMKTS:HESAY) Sets New 12-Month Low – Here’s What Happened

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY)’s share price hit a new 52-week low on Thursday . The stock traded as low as $188.34 and last traded at $188.40, with a volume of 79038 shares. The stock had previously closed at $192.02.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HESAY. Kepler Capital Markets raised Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Jefferies Financial Group raised Hermes International from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Finally, HSBC raised Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Hermes International presently has a consensus rating of “Buy”.

Hermes International Stock Performance

The firm’s 50 day simple moving average is $235.08 and its 200 day simple moving average is $243.93. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11.

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.