H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Shares Pass Above 200-Day Moving Average of $4.20


Share on StockTwits

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.20 and traded as high as $4.81. H & M Hennes & Mauritz AB (publ) shares last traded at $4.79, with a volume of 25,422 shares traded.

A number of analysts have commented on HNNMY shares. Morgan Stanley reaffirmed an “underweight” rating on shares of H & M Hennes & Mauritz AB (publ) in a research report on Wednesday, February 3rd. Berenberg Bank reaffirmed a “hold” rating on shares of H & M Hennes & Mauritz AB (publ) in a research report on Tuesday, April 6th. Credit Suisse Group reaffirmed an “underperform” rating on shares of H & M Hennes & Mauritz AB (publ) in a research report on Thursday, April 8th. Barclays reaffirmed an “overweight” rating on shares of H & M Hennes & Mauritz AB (publ) in a research report on Tuesday, March 16th. Finally, Zacks Investment Research raised H & M Hennes & Mauritz AB (publ) from a “sell” rating to a “hold” rating in a research report on Wednesday, February 3rd. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. H & M Hennes & Mauritz AB (publ) presently has an average rating of “Hold” and a consensus price target of $4.75.

The stock has a 50 day simple moving average of $4.78 and a two-hundred day simple moving average of $4.20. The firm has a market cap of $34.98 billion, a PE ratio of 159.67 and a beta of 1.40. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.42 and a current ratio of 1.18.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its quarterly earnings data on Friday, January 29th. The company reported $0.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.03. The business had revenue of $6.11 billion during the quarter, compared to analyst estimates of $5.78 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 5.72% and a net margin of 1.62%.

About H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY)

Hennes & Mauritz AB engages in the sale of clothing, accessories, footwear, cosmetics, and home textiles. The company products include accessories, underwear, cosmetics, sportswear, and other apparels for men, women, and kids. Its brands include H&M, COS, Monki, Weekday, & Other Stories, Cheap Monday, H&M Home, and ARKET.

Featured Story: What are defining characteristics of a correction?

Receive News & Ratings for H & M Hennes & Mauritz AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H & M Hennes & Mauritz AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.