Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $20.88 and traded as high as $21.31. Compagnie Financiere Richemont shares last traded at $21.21, with a volume of 446,547 shares.
Wall Street Analysts Forecast Growth
CFRUY has been the subject of a number of recent analyst reports. Royal Bank Of Canada lowered shares of Compagnie Financiere Richemont from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, September 22nd. TD Cowen began coverage on Compagnie Financiere Richemont in a report on Friday, October 30th. They issued a “strong-buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy”.
Get Our Latest Research Report on CFRUY
Compagnie Financiere Richemont Trading Up 5.6%
The business’s fifty day moving average price is $21.17 and its two-hundred day moving average price is $20.88. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.06 and a current ratio of 3.10.
Institutional Investors Weigh In On Compagnie Financiere Richemont
A hedge fund recently bought a new stake in Compagnie Financiere Richemont stock. Azimuth Capital Investment Management LLC bought a new position in shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 501,500 shares of the company’s stock, valued at approximately $11,598,000.
Compagnie Financiere Richemont Company Profile
Compagnie Financière Richemont SA is a Switzerland-based luxury goods group headquartered in Geneva. Founded in 1988 by Johann Rupert, the company develops, manufactures and distributes high-end products through a portfolio of internationally recognized maisons.
Its Jewellery Maisons include Cartier, Van Cleef & Arpels, Buccellati and Piaget. Richemont also operates specialist watchmakers such as Vacheron Constantin, Jaeger-LeCoultre, IWC Schaffhausen, Panerai and A. Lange & Söhne.
See Also
- Five stocks we like better than Compagnie Financiere Richemont
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Compagnie Financiere Richemont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compagnie Financiere Richemont and related companies with MarketBeat.com's FREE daily email newsletter.
