Compagnie Financiere Richemont (OTCMKTS:CFRUY) Shares Gap Up – Here’s Why

Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $20.90, but opened at $22.37. Compagnie Financiere Richemont shares last traded at $22.22, with a volume of 34,782 shares.

Compagnie Financiere Richemont Stock Up 0.3%

The company has a fifty day moving average of $19.80 and a two-hundred day moving average of $20.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.87 and a current ratio of 2.82.

Compagnie Financiere Richemont Company Profile

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Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.

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