Hermes International (OTCMKTS:HESAY) Cut to “Strong Sell” at Zacks Research

Zacks Research cut shares of Hermes International (OTCMKTS:HESAY) from a hold rating to a strong sell rating in a report released on Tuesday,Zacks.com reports.

HESAY has been the subject of a number of other research reports. Jefferies Financial Group raised shares of Hermes International from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. HSBC raised shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Finally, Kepler Capital Markets raised shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Hermes International Trading Down 0.1%

OTCMKTS:HESAY opened at $206.21 on Tuesday. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average price of $222.39 and a 200 day moving average price of $239.56. Hermes International has a fifty-two week low of $183.24 and a fifty-two week high of $294.72.

Hermes International Company Profile

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.