Hermès International Société en commandite par actions (OTCMKTS:HESAY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Shares of Hermès International Société en commandite par actions (OTCMKTS:HESAY) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $274.26 and traded as low as $257.24. Hermès International Société en commandite par actions shares last traded at $279.19, with a volume of 132,155 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets cut Hermès International Société en commandite par actions from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 26th.

Hermès International Société en commandite par actions Stock Up 7.9 %

The company’s 50 day simple moving average is $274.26 and its 200-day simple moving average is $249.57.

Hermès International Société en commandite par actions Company Profile

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.