LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Upgraded at Zacks Research

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Separately, Barclays upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Five research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Up 4.3%

Shares of OTCMKTS LVMUY opened at $117.11 on Wednesday. The stock’s 50 day moving average price is $110.30 and its two-hundred day moving average price is $125.15. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $101.80 and a 52-week high of $152.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.58.

About LVMH-Moet Hennessy Louis Vuitton

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.