Compagnie Financière Richemont (OTCMKTS:CFRUY) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Shares of Compagnie Financière Richemont SA (OTCMKTS:CFRUY) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $18.82 and traded as low as $14.98. Compagnie Financière Richemont shares last traded at $15.16, with a volume of 702,774 shares trading hands.

Compagnie Financière Richemont Stock Performance

The company’s fifty day simple moving average is $18.82 and its two-hundred day simple moving average is $16.40. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.78 and a current ratio of 2.52.

Compagnie Financière Richemont Company Profile

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.