Hermes International (OTCMKTS:HESAY) Cut to Hold at UBS Group

UBS Group downgraded shares of Hermes International (OTCMKTS:HESAY) from a strong-buy rating to a hold rating in a research report sent to investors on Thursday,Zacks.com reports.

Separately, Royal Bank Of Canada raised shares of Hermes International to a “moderate buy” rating in a research note on Monday, May 12th.

Hermes International Price Performance

Hermes International stock opened at $240.11 on Thursday. Hermes International has a 12 month low of $206.66 and a 12 month high of $303.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.49 and a current ratio of 4.26. The business has a 50 day simple moving average of $270.77 and a 200-day simple moving average of $272.79.

About Hermes International

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.