LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Stock Rating Cut to Strong Sell at Zacks Research

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

LVMUY has been the topic of a number of other research reports. HSBC downgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research report on Wednesday, September 9th. Royal Bank Of Canada cut 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 investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

OTCMKTS:LVMUY opened at $89.00 on Wednesday. The company has a 50 day simple moving average of $96.72 and a two-hundred day simple moving average of $105.88. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.63 and a quick ratio of 0.78. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $82.29 and a fifty-two week high of $152.95.

LVMH-Moet Hennessy Louis Vuitton Company Profile

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.